Examlex

Solved

Identify Each of the Following Topics as Being Part of Microeconomics

question 480

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 the United States
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 U.S. 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


Definitions:

Histogram

A graphical representation of the distribution of numerical data designed to display the frequency of data points within specified intervals.

Statistics Classes

Academic courses focused on the science of collecting, analyzing, interpreting, and presenting empirical data.

Ceramics Factory

A manufacturing plant where clay products, such as pottery or tiles, are made and fired.

Batches

Grouped sets of items that are processed or produced together.

Related Questions