Explore BrainMass

Explore BrainMass

    macro, micro or other

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Which of the following categories fall under microeconomics, macroeconomis and other topics?

    The change in price of consumer goods:

    The government budget deficit

    A decrease in canada's exports

    A rise in profits in the steel industry

    A suffering of the unemployed

    A quebec election

    A change in the price of a tv set at the store

    An increase in the supply of wheat

    Advice about buying specific stocks

    Recessions

    Competition in the long distance telephone calling business

    The cost of the whole economy of the unemployment

    Layoffs in a GM plant

    A rise in total purchases of consumer goods across the whole country

    A fall in total investments in Canada (means spending by all firms on buildings and equipment has fallen)

    © BrainMass Inc. brainmass.com September 29, 2022, 12:38 pm ad1c9bdddf
    https://brainmass.com/economics/unemployment/fall-under-macro-micro-other-98263

    Solution Preview

    Micro: study of economic behaviour of individual firms, industries or consumers
    Macro: study of economic behaviour of groups such as all consumers, all businesses

    The trick is that micro effects individuals (i.e one industry, one group of people) while macro is everyone on ...

    Solution Summary

    This job determines the category for macro, micro or other. The change in price of consumer goods are determined.

    $2.49

    ADVERTISEMENT