Which of the following questions would not be studied by a microeconomist but would be studied by a macroeconomist?
A) Why do national economies grow?
B) What percentage of consumer income is spent on entertainment?
C) Why do workers prefer the 4-day workweek?
D) How is the electric industry harmed by the passage of new clean air legislation?

Question

Quizplus · Accepted Answer

Microeconomics deals with individual economic agents (such as households and firms), while macroeconomics deals with the overall performance of the economy, including topics like economic growth, inflation, and unemployment. The question about why national economies grow is a macroeconomic topic. The other three questions are more related to individual behavior and therefore fall under the scope of microeconomics.

Which of the Following Questions Would Not Be Studied by a Microeconomist