Short Answer
Identify each of the following topics as being part of microeconomics or macroeconomics:
a.the impact of a change in consumer income on the purchase of vacation properties
b.the effect of a change in the price of eggs on the consumption of bacon
c.the impact of a war in the Middle East on the rate of inflation in Canada
d.factors influencing the rate of economic growth
e.factors influencing the demand for cellphones
f.the impact of tax policy on national saving
g.the effect of pollution taxes on the Canadian coal industry
h.the degree of competition in the airline industry
i.the effect of an increase in the money supply on interest rates
j.the impact of deregulation on the financial industry
Correct Answer:

Verified
a,b,e,g,h,and j are ...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q11: This is an exercise in model building,based
Q54: How does a scientist make assumptions?<br>A) A
Q63: Figure 2-7 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 2-7
Q75: What is a model?<br>A) a theoretical abstraction
Q96: What is the point where both x
Q141: What happens when a relevant variable that
Q172: What observation did Albert Einstein once make
Q191: Because it is difficult for economists to
Q210: When economists are speaking as policy advisors,
Q211: Why is the use of theory and