Identify the following as topics for microeconomics or topics for macroeconomics, and explain your answers.
a. How will the population growth rate affect the economy's growth rate?
b. Should Jimmy O'Bryant, owner of O'Bryant's Heating and Cooling, charge his customers higher rates for Lennox air conditioners, in response to higher wholesale costs for these units?
c. Should Russ Smith reduce the number of hours he works because his wife's income increased?
d. Can Mandy Oliver's employer cut sick leave costs by opening an on-site day care center?
e. Will cutting income tax rates stimulate consumer spending?
f. Will welfare reform cut the unemployment rate?
g. Will Ginny Goldsmith choose to major in information systems or accounting?
h. Will the economic crisis in Thailand affect workers in America?

Question

Identify the following as topics for microeconomics or topics for macroeconomics, and explain your answers.
 a. How will the population growth rate affect the economy's growth rate?
 b. Should Jimmy O'Bryant, owner of O'Bryant's Heating and Cooling, charge his customers higher rates for Lennox air conditioners, in response to higher wholesale costs for these units?
 c. Should Russ Smith reduce the number of hours he works because his wife's income increased?
 d. Can Mandy Oliver's employer cut sick leave costs by opening an on-site day care center?
 e. Will cutting income tax rates stimulate consumer spending?
 f. Will welfare reform cut the unemployment rate?
 g. Will Ginny Goldsmith choose to major in information systems or accounting?
 h. Will the economic crisis in Thailand affect workers in America?

Quizplus · Accepted Answer

The Answer of Identify the following as topics for microeconomics or topics for macroeconomics, and explain your answers.
 a. How will the population growth rate affect the economy's growth rate?
 b. Should Jimmy O'Bryant, owner of O'Bryant's Heating and Cooling, charge his customers higher rates for Lennox air conditioners, in response to higher wholesale costs for these units?
 c. Should Russ Smith reduce the number of hours he works because his wife's income increased?
 d. Can Mandy Oliver's employer cut sick leave costs by opening an on-site day care center?
 e. Will cutting income tax rates stimulate consumer spending?
 f. Will welfare reform cut the unemployment rate?
 g. Will Ginny Goldsmith choose to major in information systems or accounting?
 h. Will the economic crisis in Thailand affect workers in America?

Identify the Following as Topics for Microeconomics or Topics for Macroeconomics