Which Question Is More Likely to Be Studied by a Macroeconomist

question 97

Multiple Choice

Which question is more likely to be studied by a macroeconomist than a microeconomist?

• A) Why do prices in general rise by more in some countries than others?
• B) Why do wages differ across industries?
• C) Does education increase a worker's income on average?
• D) Is there usually a gain from trade between two countries?

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Definitions:

False Imprisonment

Unlawfully restraining a person against their will within a bounded area, without legal authority, justification, or consent.

Tort Law

The area of law that deals with civil wrongs, not arising out of contractual obligations, for which the injured party may receive damages or equitable relief.

Compensate

To provide something, usually money, in recognition of loss, suffering, or damage experienced by an individual or entity.

Future Harms

Potential damage or adverse outcomes that may occur in the future as a result of current actions or decisions.