Which of the Following Could Be an Example of a Question

question 70

Multiple Choice

Which of the following could be an example of a question that would be studied in microeconomics?

• A) Why did our economic growth rate slow down during the 2000s?
• B) How did the recession end in 2009 if unemployment continued to rise?
• C) How will the legalization of marijuana in Colorado affect the market for cigarettes?
• D) When should Congress raise taxes in order to tackle the debt crisis?

---

Definitions:

Required Assets

Assets that are necessary for a business or individual to achieve its goals, including tangible and intangible resources.

Long-Term Assets

Assets that will not be converted into cash within one year.

Patents

Legal documents granted by governments giving inventors exclusive rights to their inventions, preventing others from making, using, or selling the invention without permission for a certain period.

Short-Term Assets

Assets that will be converted into cash within one year.