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 result in higher airline ticket prices?
C) What factors are contributing to the rise of unemployment in the economy?
D) Will the inflation rate remain relatively stable this year?

Question

Quizplus · Accepted Answer

This question is analyzing the impact of a specific event (the merger of two airlines) on a narrow aspect of the economy (airline ticket prices), which is a microeconomic question. The other choices involve broader economic issues, such as international trade, aggregate employment levels, and overall inflation rates, which are more macroeconomic in nature.

Which Question Is an Example of a Microeconomic Question