a. Which of the following are microeconomic problems? Instructions: You may sele
ID: 1214743 • Letter: A
Question
a. Which of the following are microeconomic problems?
Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers.
b. Which of the following are macroeconomic problems?
Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers.
Explanation / Answer
a.
Micro means small. Microeconomics deals with the individual economy.
Microeconomic problems are as below:
1. Work/leisure choice
2. Marketing strategy
These two problems are from individual perspective. Others like inflation, recession, and budget deficit are from national perspective.