Questions
Single choice
Which of the following is a microeconomic topic?
Options
A.the reasons why Kathy buys less orange juice
B.the reasons for a decline in inflation rate
C.the cause of why total employment may decrease
D.the effect of the government budget deficit on inflation
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Step-by-Step Analysis
To determine which option is a microeconomic topic, we must consider the level at which the economic activity is analyzed.
Option 1: 'the reasons why Kathy buys less orange juice' focuses on a single consumer's behavior and......Login to view full explanationLog in for full answers
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