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8 October, 04:45

Consider the list of economic questions and issues below. Which are microeconomic issues, and which are macroeconomic issues? Place each item in the correct column.

How much will the economy grow next year?

Why do economics majors earn more than marketing majors?

How does Apple decide how many iPads to produce?

Why does the unemployment rate increase during a recession?

What happens to prices when the government increases the money supply?

Which company's stocks should your mother buy?

Should the government pass a jobs bill to stimulate the economy?

Why does the price of gasoline increase during the summer?

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  1. 8 October, 05:13
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    Micro economics is a part of economics that deals with individuals as well as firms behavior in small scale. Macroeconomics is a part of economics that deals with the whole economy's behavior.

    Explanation:

    Microeconomics

    Why do economics major earn more than marketing major?

    How does Apple decide how many iPads to produce?

    Which company's stocks should your mother buy?

    Why does the price of gasoline increase during summer?

    Macroeconomics

    How much will the economy grow next year?

    Why does the unemployment rate increase during a recession?

    What happens to price when government increase money supply?

    Should the government pass a jobs bill to stimulate the economy?
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