Which question is an example of a microeconomic question?
A) What should the Federal government do to reduce the trade deficit with Japan?
B) Will the merger of two airlines likely lead to a higher cost of air travel in the economy?
C) What factors are contributing to the steep rise in the federal government's total debt?
D) Will the inflation rate remain relatively stable this year?

Question

Quizplus · Accepted Answer

This question is concerned with the impact of a specific event (the merger of two airlines) on a specific market (the market for air travel), making it a microeconomic question. The other options are more macroeconomic in nature, focusing on issues that affect the economy as a whole.

Which Question Is an Example of a Microeconomic Question