Which of the Following Lies Primarily Within the Realm of Microeconomics

question 164

Multiple Choice

Which of the following lies primarily within the realm of microeconomics?

• A) an economic model forecasting the impact of a tax increase on consumer spending and national output
• B) a model forecasting the impact of a change in interest rates on the level of investment in the economy
• C) an empirical analysis of the relationship between the growth of the money supply and the rate of inflation
• D) a study of supply and demand conditions in the market for orange juice

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