Which of the following questions would be studied in the area of microeconomics? -What determines the...

Which of the following questions would be studied in the area of microeconomics?

-What determines the number of hours an individual works?

-Do interest rates affect net exports?

-Will an increase in government spending cause inflation?

-What portion of total spending comes from households?

-Does hosting the Olympics decrease the unemployment rate?

Solutions

Expert Solution

What determines the number of hours an individual works - correct

Microeconomics deals with economic decisions related to individuals rather than an entity as a whole.

Hours of individual is about an individual and thus is a part of microeconomics.

Rahul Sunny answered 1 year ago

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