Which of the following is a microeconomic topic?
A) The unemployment rate in the United States fell from 4.1 percent to 3.9 percent.
B) The gross domestic product of Canada has steadily increased since 2010.
C) A factory in Indiana plans to expand and hire 45 additional workers.
D) Inflation in the European Union has been steady at about 2.5 percent.

Question

Quizplus · Accepted Answer

Microeconomics focuses on the actions of individuals and industries, like the behavior of a particular factory, rather than the economy as a whole.

Which of the Following Is a Microeconomic Topic