Which of the Following Would Likely Be Studied by a Microeconomist

question 42

Multiple Choice

Which of the following would likely be studied by a microeconomist rather than a macroeconomist?

• A)the effect of foreign direct investment on economic growth
• B)the effect of a sales tax on the cigarette industry
• C)the effect of an investment tax credit on the economy's capital stock
• D)the effect of a war on government spending

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Definitions:

Unlocked

Not secured or fastened; often refers to items, devices, or systems that can be accessed without a key or code.

Strict Liability

A legal doctrine where a party is held responsible for damages or loss, regardless of fault or intent.

Injured Ankle

A physical condition involving harm or damage to the ankle often resulting from an accident or sports activity.

Sidewalk

A paved path for pedestrians on the side of a street or road.