Which of the following questions are relevant for the study of macroeconomics and which for microeconomics? a.

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Which of the following questions are relevant for the study of macroeconomics and which for microeconomics?

a. Howwill Ms. Martin’s tips change when a large manufacturing plant near the restaurant where she works closes?

b. What will happen to spending by consumers when the economy enters a downturn?

c. How will the price of oranges change when a late frost damages Florida’s orange groves? . How will wages at a manufacturing plant change when its workforce is unionized?

e. What will happen to U.S. exports as the dollar becomes less expensive in terms of other currencies?

f. What is the relationship between a nation’s unemployment rate and its inflation rate?

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Economics

ISBN: 9781319181949

5th Edition

Authors: Paul Krugman, Robin Wells

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