Identify Each of the Following Topics as Being Part of Microeconomics

question 85

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 Canada
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 Canadian 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:

Stratum Corneum

The outermost layer of the epidermis, consisting of dead cells that help protect the skin from external elements.

Vitiligo

A skin condition characterized by patches of skin losing their pigment, becoming white.

Melanin Pigment

A natural substance produced by the body that gives color to the skin, hair, and eyes.

Apocrine Glands

Specialized sweat glands found in certain areas of the body, associated with hair follicles and produce a milky sweat.