Which Question Is an Example of a Microeconomic Question

question 376

Multiple Choice

Which question is an example of a microeconomic question?

• A) What should the Federal government do to reduce the trade deficit with Japan?
• B) Will the merger of two airlines likely lead to a higher cost of air travel in the economy?
• C) What factors are contributing to the steep rise in the federal government's total debt?
• D) Will the inflation rate remain relatively stable this year?

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Definitions:

Percussion Instruments

Musical instruments that produce sound through being struck, shaken, or scraped, such as drums, cymbals, or maracas.

Level of Self-Sufficiency

The degree to which an individual, community, or nation can meet its own needs without external assistance.

Independent

Independent signifies being free from external control or influence, capable of thinking or acting for oneself.

Completely Dependent

A state in which an individual or entity relies entirely on another source or party for support, sustenance, or aid.