Which of the following is not a microeconomic issue?

Question # 00737146 Posted By: Pedro Updated on: 09/12/2019 05:48 AM Due on: 10/02/2019
Subject Economics Topic Microeconomics Tutorials:
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Q1  Which of the following is not a microeconomic issue? 

  1. How will a decrease in the price of tattoo removal affect the number of tattoos applied?
  2. What will cause the rate of growth in consumer spending to fall? 
  3. How does a tax on the sale of houses affect the number of houses sold? 
  4. Would a move by the G20 to raise infrastructure spending in member countries help promote economic growth?

 Q2 When it comes to positive economics, economists could disagree because 

  1. Some are left-wing and others are right-wing. 
  2. They are being paid by different parties who are hoping for different outcomes from the analysis they have commissioned. 
  3. The assumptions of their models differ. 
  4. Both b and c above are correct.

 

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