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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 much should the government spend to spur the economy.

The labor market

Taxation

How much a company should price their product.

Whether the country is in a recession or not.

International trade

How a household should spend their budget.

The effect of government borrowing money

How much money is losing its buying power

How do businesses finance themselves.

How markets fail

Consumer behavior

How much to save for the future.

How does a firm determine how many employees to hire

How to adjust minimum wage due to inflation

Which job to choose when given multiple offers.

Unemployment rates in the country.

Microeconomics

Macroeconomics