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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.

How does a firm determine how many employees to hire

International trade

Consumer behavior

The effect of government borrowing money

How markets fail

Unemployment rates in the country.

How a household should spend their budget.

How to adjust minimum wage due to inflation

How much a company should price their product.

How much money is losing its buying power

How do businesses finance themselves.

Whether the country is in a recession or not.

How much to save for the future.

The labor market

Taxation

How much should the government spend to spur the economy.

Which job to choose when given multiple offers.

Microeconomics

Macroeconomics