Which of the following is an example of microeconomic analysis?
A)impact of taxation on national income
B)impact of national income on tax revenues
C)rate of increase in the national debt
D)relationship between inflation and interest rates set by the Federal Reserve
E)none of the above

Question

Quizplus · Accepted Answer

Microeconomic analysis focuses on individual markets and agents, such as consumers and firms, rather than broad economic factors like national income, national debt, or inflation rates, which are macroeconomic topics.

Which of the Following Is an Example of Microeconomic Analysis