Identify each of the following topics as being part of microeconomics or macroeconomics.
a. the impact of a decrease in consumer income on the purchase of lobster
b. the effect of a change in the price of digital cameras on the purchase of film cameras
c. the impact of the budget deficit on the rate of inflation in Australia
d. factors influencing the rate of economic growth
e. factors influencing the demand for digital cameras
f. the impact of tax policy on the trade deficit
g. the effect of carbon taxes on the Australian forestry sector
h. the degree of competition in the retail banking sector
i. the effect of exchange rate policies on economic stability
j. the impact of minimum wages laws on the labour market
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Q106: Graph 2-9 Q113: Which is the best statement about the Q120: Macroeconomics approaches the study of economics from Q121: Which of the following statements are positive,![]()
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