Which of the Following Is a Microeconomic Question

question 106

Multiple Choice

Which of the following is a microeconomic question?

• A) Should Congress and the president take action to reduce the unemployment rate?
• B) Is it sensible for the government to subsidize college education?
• C) Why do some countries grow faster than others?
• D) All of the above are microeconomic questions.

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Definitions:

Tolman

A psychologist known for his work in cognitive behaviorism, particularly the concept of latent learning and the use of cognitive maps.

Goal Object

The target or object of a person's ambition or effort; an aim or desired result.

Cathexis

Refers to the concentration of emotional energy on a particular object, individual, or idea.

Single-Trial Learning

Learning that occurs in one exposure to a stimulus, typically seen in situations with significant emotional or survival importance.