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Micro or Macro?

Last updated almost 3 years ago

1 question

Note from the author:

Using the simple card sort, try to figure out whether the issue is in the purview of microeconomics or macroeconomics.

Instructions

Using the simple card sort, try to figure out whether the issue is in the purview of microeconomics or macroeconomics.

Required

1

Question 1

1.

The effect of government borrowing money

How does a firm determine how many employees to hire

The labor market

Unemployment rates in the country.

Consumer behavior

How much money is losing its buying power

How markets fail

Which job to choose when given multiple offers.

How much a company should price their product.

Taxation

How a household should spend their budget.

How do businesses finance themselves.

How much should the government spend to spur the economy.

How much to save for the future.

Whether the country is in a recession or not.

How to adjust minimum wage due to inflation

International trade

Microeconomics

Macroeconomics