Arrange the following topics into lists of microeconomic and macroeconomic topics:
- wages of textile workers
- cost of producing 10,000 bookcases
- the economy's annual growth rate
- national demand for fish
- the unemployment rate
- the gold futures market
- money supply
- projected inflation rate next year
A) Microeconomics: wages of textile workers, the unemployment rate, cost of producing 10,000 bookcases, the gold futures market Macroeconomics: the economy's annual growth rate, money supply, national demand for fish, projected inflation rate next year
B) Microeconomics: wages of textile workers, cost of producing 10,000 bookcases, the economy's annual growth rate, unemployment rate Macroeconomics: national demand for fish, the gold futures market, money supply, projected inflation rate next year
C) Microeconomics: wages of textile workers, cost of producing 10,000 bookcases, the gold futures market, national demand for fish Macroeconomics: the economy's annual growth rate, the unemployment rate, money supply, projected inflation rate next year
D) Microeconomics: the economy's annual growth rate, the unemployment rate, money supply, projected inflation rate next year Macroeconomics: wages of textile workers, cost of producing 10,000 bookcases, the gold futures market, national demand for fish

Question

Arrange the following topics into lists of microeconomic and macroeconomic topics:
 - wages of textile workers
 - cost of producing 10,000 bookcases
 - the economy's annual growth rate
 - national demand for fish
 - the unemployment rate
 - the gold futures market
 - money supply
 - projected inflation rate next year
A) Microeconomics: wages of textile workers, the unemployment rate, cost of producing 10,000 bookcases, the gold futures market Macroeconomics: the economy's annual growth rate, money supply, national demand for fish, projected inflation rate next year
B) Microeconomics: wages of textile workers, cost of producing 10,000 bookcases, the economy's annual growth rate, unemployment rate Macroeconomics: national demand for fish, the gold futures market, money supply, projected inflation rate next year
C) Microeconomics: wages of textile workers, cost of producing 10,000 bookcases, the gold futures market, national demand for fish Macroeconomics: the economy's annual growth rate, the unemployment rate, money supply, projected inflation rate next year
D) Microeconomics: the economy's annual growth rate, the unemployment rate, money supply, projected inflation rate next year Macroeconomics: wages of textile workers, cost of producing 10,000 bookcases, the gold futures market, national demand for fish

Quizplus · Accepted Answer

Microeconomics focuses on individual units and specific markets, such as wages of textile workers, cost of producing goods, and specific markets like the gold futures market and national demand for fish. Macroeconomics deals with aggregate economic variables and the economy as a whole, including the economy's annual growth rate, the unemployment rate, money supply, and inflation rates.

Arrange the Following Topics into Lists of Microeconomic and Macroeconomic