Principles of Microeconomics, 7th Edition

Published by South-Western College
ISBN 10: 128516590X
ISBN 13: 978-1-28516-590-5

Chapter 2 - Part I - Thinking Like an Economist - Problems and Applications - Page 36: 5

Answer

a) Microeconomics b) Microeconomics c) Macroeconomics d) Microeconomics e) Macroeconomics

Work Step by Step

a) This is microeconomics because it concerns only one family, not all of them as a group. b) Microeconomics because it concerns only the auto industry. c) Macroeconomics because it concerns overall economic growth. d) Microeconomics because it concerns only one firm. e) Macroeconomics because it is related to overall inflation in a nation.
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