What might a microeconomist NOT study?
A) the effects of minimum wage on low skilled workers
B) how a decrease in access to student loans affects enrolment at universities
C) how tariffs on steel affects the steel industry
D) the effect on the economy when interest rates change

Question

Quizplus · Accepted Answer

Microeconomists focus on the behavior of individuals, households, and firms in making decisions about the allocation of limited resources. Therefore, macroeconomic issues such as changes in interest rates are not in the scope of microeconomics.

What Might a Microeconomist NOT Study