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Micro or Macro?

Last updated over 2 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.

International trade

Taxation

How a household should spend their budget.

How much money is losing its buying power

How do businesses finance themselves.

How much should the government spend to spur the economy.

Consumer behavior

Whether the country is in a recession or not.

How to adjust minimum wage due to inflation

The labor market

How does a firm determine how many employees to hire

Unemployment rates in the country.

How markets fail

How much a company should price their product.

How much to save for the future.

Which job to choose when given multiple offers.

The effect of government borrowing money

Microeconomics

Macroeconomics