Identify whether the following issues are macroeconomic or microeconomic and explain why you categorized them in that way.
(A) The Prowth rate of real GDP
(B) A government policy that guarantees a minimum price of agricultural goods
(C) A tax an restaurant meals
(D) A government policy to affect the increase in the overall price level

Question

Identify whether the following issues are macroeconomic or microeconomic and explain why you categorized them in that way.
 (A) The Prowth rate of real GDP
(B) A government policy that guarantees a minimum price of agricultural goods
(C) A tax an restaurant meals
(D) A government policy to affect the increase in the overall price level

Quizplus · Accepted Answer

The Answer of Identify whether the following issues are macroeconomic or microeconomic and explain why you categorized them in that way.
 (A) The Prowth rate of real GDP
(B) A government policy that guarantees a minimum price of agricultural goods
(C) A tax an restaurant meals
(D) A government policy to affect the increase in the overall price level

Identify Whether the Following Issues Are Macroeconomic or Microeconomic and Explain