01 Establish whether the following is a topic in macroeconomics or
microeconomics:
a) A consumer must decide how to reallocate spending as a result of a
10% increase in the price of food and no change in disposal income.
b) Purchases of durable goods fall as a result of deteriorating consumer
confidence.
c) Investment spending declines as a result of rising interest rates.
d) A firm contemplates the purchase of more technologically efficient
equipment as a result of a 20% increase in wages.
e) A cut in federal income taxes is expected to increase consumer
spending.
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
APPROVED BY CLIENTS
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Comments
Leave a comment