Explain how microeconomics differs from macroeconomics and then categorize the following questions as either microeconomic or macroeconomic questions:
(a)How will interest rates change when the Federal Reserve Bank increases the money supply?
(b)How will Nike's share of the market change when Reebok increases their marketing expenditures?
(c)How does a tariff on imported steel affect the U.S.steel industry?
(d)Should Wal-Mart renovate its stores nationwide?
(e)Should the government lower income taxes to stimulate consumption?

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The Answer of Explain how microeconomics differs from macroeconomics and then categorize the following questions as either microeconomic or macroeconomic questions:
(a)How will interest rates change when the Federal Reserve Bank increases the money supply?
(b)How will Nike's share of the market change when Reebok increases their marketing expenditures?
(c)How does a tariff on imported steel affect the U.S.steel industry?
(d)Should Wal-Mart renovate its stores nationwide?
(e)Should the government lower income taxes to stimulate consumption?

Explain How Microeconomics Differs from Macroeconomics and Then Categorize the Following