Which of the following does NOT deal with microeconomics?
A) Profits for some manufacturing firms fell in 2009.
B) In 2009,the unemployment rate in the United States rose to nearly 10%.
C) Salaries of some top executives fell in 2009.
D) Competitive markets promote efficiency.

Question

Quizplus · Accepted Answer

Microeconomics deals with individual markets and the behavior of households and firms within those markets. Unemployment rate is a macroeconomic measure and deals with the overall economy, not individual markets. Options A, C, and D all deal with individual markets and are therefore related to microeconomics.

Which of the Following Does NOT Deal with Microeconomics