Which of the Following Questions Is NOT a Microeconomic Question

question 376

Multiple Choice

Which of the following questions is NOT a microeconomic question?

• A) How would a tax on e-commerce affect eBay?
• B) Does the United States have a comparative advantage in information technology services?
• C) What is Britneyʹs opportunity cost of having another baby?
• D) Can the Federal Reserve keep income growing by cutting interest rates?

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Definitions:

Variance

A statistical measure that represents the dispersion of a set of data points or investment returns around their mean, indicating their spread or risk.

Indifference Curve

An indifference curve represents a graphical depiction of different bundles of goods between which a consumer is indifferent, reflecting their preferences for those goods' combinations.

Mean-Standard Deviation Graph

A graphical representation used in finance to show the risk (standard deviation) and return (mean) of different investments.

Utility Function

A mathematical representation of a decision-maker's preference ranking for a set of outcomes or goods, reflecting their attitude towards risk.