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Identify Each of the Following Topics as Being Part of Microeconomics

Question 223

Short Answer
Identify each of the following topics as being part of microeconomics or macroeconomics:
a.the impact of a change in consumer income on the purchase of vacation properties
b.the effect of a change in the price of eggs on the consumption of bacon
c.the impact of a war in the Middle East on the rate of inflation in Canada
d.factors influencing the rate of economic growth
e.factors influencing the demand for cellphones
f.the impact of tax policy on national saving
g.the effect of pollution taxes on the Canadian coal industry
h.the degree of competition in the airline industry
i.the effect of an increase in the money supply on interest rates
j.the impact of deregulation on the financial industry

Identify each of the following topics as being part of microeconomics or macroeconomics:
a.the impact of a change in consumer income on the purchase of vacation properties
b.the effect of a change in the price of eggs on the consumption of bacon
c.the impact of a war in the Middle East on the rate of inflation in Canada
d.factors influencing the rate of economic growth
e.factors influencing the demand for cellphones
f.the impact of tax policy on national saving
g.the effect of pollution taxes on the Canadian coal industry
h.the degree of competition in the airline industry
i.the effect of an increase in the money supply on interest rates
j.the impact of deregulation on the financial industry

Correct Answer:

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a,b,e,g,h,and j are ...

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