Which of the following is a microeconomic question?
A) Should the government decrease unemployment benefits to reduce the unemployment rate ?
B) Why do some countries have higher inflation rates than other countries?
C) Should the government subsidize corn farmers to encourage the production of ethanol?
D) Should congress decrease taxes to help stimulate the economy?

Question

Quizplus · Accepted Answer

The question is focused on the government's decision to subsidize a specific industry and how it may impact the economy. This is a microeconomic question as it's concerned with the allocation of resources and decision-making on a smaller scale. The other options are more macroeconomic questions, dealing with broader issues such as employment rates, inflation, and overall economic growth.

Which of the Following Is a Microeconomic Question