Question

In: Economics

Determine whether each of the following topics would more likely to be studied in microeconomics or macroeconomics.


 Determine whether each of the following topics would more likely to be studied in microeconomics or macroeconomics. 

                                                                  Microeconomics Macroeconomics 

The effects of the internet on the pricing of used cars 

The effect of government regulation on a business firm's costs and prices 

The government's decision on how much to spend on public projects

Solutions

Expert Solution

The effect of the internet on the pricing of used cars: Microeconomics

The effect of government regulation on business firm's costs and prices: Microeconomics

The government's decision on how much to spend on public projects: Macroeconomics

Explanation:

Microeconomics is the study of the individual firms where as macroeconomics is the study of the economy as a whole.

Rahul Sunny answered 2 years ago
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