Analyze whether each of the following is primarily a microeconomic or macroeconomic issue. Justify each of the answers with a specific explanation (one to two sentences each). Briefly explain your answers. 1.Purchasing a cup of coffee 2. An increase in Canadian imports for the month of August 3. A student's decision on whether or not to take an online course 4. A change in the country's immigration policy 5. A doctor's decision to retire.   Please give correct and proper step by step explanation. Thank you .

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter1: The Role And Method Of Economics
Section: Chapter Questions
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Analyze whether each of the following is primarily a microeconomic or macroeconomic issue. Justify each of the answers with a specific explanation (one to two sentences each).

Briefly explain your answers.

1.Purchasing a cup of coffee

2. An increase in Canadian imports for the month of August

3. A student's decision on whether or not to take an online course

4. A change in the country's immigration policy

5. A doctor's decision to retire.

 

Please give correct and proper step by step explanation. Thank you .

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