Which of the Following Is Considered a Microeconomic Issue

question 72

Multiple Choice

Which of the following is considered a microeconomic issue?

• A) The local university decides to raise tuition for online course offerings.
• B) The country of Zimbabwe has experienced a decline in inflation.
• C) The economic growth rate rises in the United States.
• D) The unemployment rate in Greece falls.

---

Definitions:

Worker Ability

The skills, talent, or capacity that an employee possesses, which can determine their effectiveness in performing job tasks.

Time Management

The process of organizing and planning how to divide one's time between various activities to increase effectiveness, efficiency, or productivity.

Warranties

Legal guarantees from sellers that the product will meet certain quality and reliability standards, and offering repair or replacement if it does not.

High-Quality Goods

High-quality goods are products that meet or exceed customer expectations in terms of performance, durability, and satisfaction, often associated with higher standards of production and materials.