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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 12
Which of the following are microeconomic issues? Which are macroeconomic issues?
a. How will an increase in the price of Coca-Cola affect the quantity of Pepsi-Cola sold?
b. What will cause the nation's inflation rate to fall?
c. How does a quota on textile imports affect the textile industry?
d. Does a large federal budget deficit reduce the rate of unemployment in the economy?
a. How will an increase in the price of Coca-Cola affect the quantity of Pepsi-Cola sold?
b. What will cause the nation's inflation rate to fall?
c. How does a quota on textile imports affect the textile industry?
d. Does a large federal budget deficit reduce the rate of unemployment in the economy?
Explanation
Verified
Verified
a) It is a microeconomic issue,
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Economics for Today 9th Edition by Irvin Tucker
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