All of the following fall under the category of microeconomics,EXCEPT:
A) cooks at McDonalds supply labor in return for wages.
B) the cost of living has risen due to rising housing and food prices.
C) Jonathan decided to go to the movies instead of go to work.
D) Pepsi experienced an increase in revenue last quarter.

Question

Quizplus · Accepted Answer

The cost of living and rising housing and food prices fall under the category of macroeconomics, as it involves the entire economy rather than individual markets or individuals. The other options all pertain to individual choices or market activities, which fall under the category of microeconomics.

All of the Following Fall Under the Category of Microeconomics,EXCEPT