Which of the following is a microeconomic topic?
A) the reasons why a consumer buys less honey
B) the reasons why the average price level in a country falls
C) the cause of increasing unemployment
D) the effect of the government budget deficit on inflation
E) the reasons why the labour force in a country decreases
Correct Answer:
Verified
Q1: The determination of prices in individual markets
Q2: The study of how wages are set
Q3: The fact that human wants cannot be
Q5: Which of the following is the best
Q6: Which of the following would be considered
Q7: Which of the following newspaper headlines concerns
Q8: The branch of economics that studies the
Q9: Complete the following sentence.Microeconomics is
A)not concerned with
Q10: In a world characterized by scarcity
A)all goods
Q11: The problem of scarcity exists
A)only in economies
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