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Classify the following topics as relating to microeconomics or macroeconomics Topic The effect of a change in price of one good on a related good A firms decision about whether to continue production or to shut down The effect of minimum-wage law on unemployment The relationship between the inflation rate and the unemployment rate The effect of government subsidies on the agricultural industry Microeconomics Macroeconomics

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Answer #1

Microeconomics: Microeconomics is defined as the economics that deals with the single factors and the effect of the individua

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Answer #2

ANSWER :


First one : Microeconomics


Second one : Microeconomics


Third one : Macroeconomics


Fourth one : Macroeconomics


Fifth one : Macroeconomics

answered by: Tulsiram Garg
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