Which of the following is a microeconomic issue?
A)Inflation skyrockets in Russia.
B)The price of gasoline increases in the United States this year.
C)The Brazilian economy experiences rapid economic growth.
D)The U.S. government cuts taxes to combat a recession.
E)The unemployment rate soars in Spain.

Question

Quizplus · Accepted Answer

Microeconomics focuses on individual markets and prices, such as the price of gasoline, rather than broader economic trends like inflation or unemployment rates.

Which of the Following Is a Microeconomic Issue