Identify Each of the Following Topics as Being Part of Microeconomics

question 480

Essay

Identify each of the following topics as being part of microeconomics or macroeconomics:
a.the impact of a change in consumer income on the purchase of luxury automobiles
b.the effect of a change in the price of Coke on the purchase of Pepsi
c.the impact of a war in the Middle East on the rate of inflation in the United States
d.factors influencing the rate of economic growth
e.factors influencing the demand for tractors
f. the impact of tax policy on national saving
g. the effect of pollution taxes on the U.S. copper industry
h. the degree of competition in the cable television industry
i. the effect of a balanced-budget amendment on economic stability
j. the impact of deregulation on the savings and loan industry

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Definitions:

SetDimension

A method typically used in graphics programming to specify the dimensions (width and height) of an object.

Class Box

A custom data structure or object defined in programming that can encapsulate variables and methods.

Rectangle

A quadrilateral with four right angles and two pairs of parallel and equal sides.

Class Definition

The specification of attributes and behaviors of objects in object-oriented programming by defining a class.