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9 July, 16:47

A microeconomist - as opposed to a macroeconomist - might study

a. the effect of a national healthcare program on the nation's unemployment rate.

b. the growth rate of production in the economy.

c. the effect of new regulations on production in the pulp and paper industry.

d. the effect of changes in interest rates on gross domestic product.

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  1. 9 July, 16:58
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    Microeconomics is the study of the effects of changes to small individual decisions A) Is huge, study of the whole country. B) Is huge, nationwide production increase C) this effects just one industry. D) again huge, nationwide effects of interest rates on GDP. So C.
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