Which of the Following Questions Is More Likely to Be

question 283

Multiple Choice

Which of the following questions is more likely to be studied by a microeconomist than a macroeconomist?

• A) Why do prices in general rise by more in some countries than in others?
• B) Why do wages differ across industries?
• C) Why do production and income increase in some periods and not in others?
• D) How rapidly is GDP currently increasing?

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Definitions:

Same Work

Performing identical tasks or duties as others, often in the context of fairness or job roles.

Psychological Empowerment

A state in which individuals feel a sense of control over their work, perceive their work as meaningful, and believe they can perform competently.

Personal Fulfillment

A sense of satisfaction and achievement derived from pursuing and realizing one’s own goals, desires, or potentials.

Self-Determination

A theory of motivation that holds individuals have innate psychological needs that are the basis for self-motivation and personality integration.