Which of the Following Questions Is More Likely to Be

question 4

Multiple Choice

Which of the following questions is more likely to be studied by a microeconomist than a macroeconomist?

• A)Why do prices in general rise by more in some countries than in others?
• B)Why do wages differ across industries?
• C)Why do national production and income increase in some periods and not in others?
• D)How rapidly is GDP currently increasing?

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Definitions:

Defendant

The party against whom a lawsuit is filed in a court of law.

Constitution

The basic rules or long-standing practices through which a country or any organization is administrated.

Chinese Constitution

The fundamental law of the People's Republic of China, establishing the framework and principles of the government, rights of citizens, and organization of the state.

Freedom of Assembly

The right to gather peacefully with others in public or private spaces for expressive activities, protected by law in many democratic societies.