Solved

Which of the Following Would Likely Be Studied by a Microeconomist

Question 104

Multiple Choice

Which of the following would likely be studied by a microeconomist rather than a macroeconomist?


A) The effect of a national healthcare program on the nation's unemployment rate
B) The impact of minimum-wage laws on employment in the fast food industry
C) A comparison of alternative tax policies and their respective impacts on the rate of the nation's economic growth
D) The effect of a war on government spending

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q99: All scientific models, including economic models, simplify

Q100: Figure 2-11<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 2-11

Q101: Figure 2-10<br>​<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 2-10 ​

Q102: Assumptions can simplify the complex world and

Q103: Figure 2-12<br>​<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 2-12 ​

Q105: Figure 2-12<br>​<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 2-12 ​

Q106: Figure 2-11<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 2-11

Q107: Historical episodes are not valuable to economists.

Q108: Figure 2-10<br>​<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 2-10 ​

Q109: Macroeconomics is the study of economy-wide phenomena.