Question

3. Classify the following topics as relating to microeconomics or macroeconomics.
a. a family’s decision about how much income to save
b. the effect of government regulations on auto emissions
c. the impact of higher national saving on economic growth
d. a firm’s decision about how many workers to hire
e. the relationship between the inflation rate and changes in the quantity of money

Answer 1

Answer:

a-microeconomics

b- macroeconomics

c- macroeconomics

d-microeconomics

e- macroeconomics

Explanation:

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