Explain how microeconomics differs from macroeconomics. Explain why the following headlines, taken from various issues of The Wall Street Journal, deal with either microeconomics or macroeconomics.
(a) "Microsoft posted a 26% increase in sales"
(b) "Housing starts soared 13.3% in September"
(c) "Honeywell Plans to Slash More Jobs"
(d) "Germany to Breach Key Deficit Target it Helped to Create"
(e) "China's Output Grew 8.1%"
(f) "Washington Is Urging Canada to Increase Military Spending"
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