Determine whether each of the following topics would more likely to be studied in microeconomics or macroeconomics. Microeconomics Macroeconomics How a change in interest rates by the Federal Reserve impacts unemployment The effect of a cigarette tax on the quantity of cigarettes sold The effects of government tax policy on long-term economic growth

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter1: The Role And Method Of Economics
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Determine whether each of the following topics would more likely to be studied in microeconomics or macroeconomics.
Microeconomics
Macroeconomics
How a change in interest rates by the Federal Reserve impacts unemployment
The effect of a cigarette tax on the quantity of cigarettes sold
The effects of government tax policy on long-term economic growth
Transcribed Image Text:Determine whether each of the following topics would more likely to be studied in microeconomics or macroeconomics. Microeconomics Macroeconomics How a change in interest rates by the Federal Reserve impacts unemployment The effect of a cigarette tax on the quantity of cigarettes sold The effects of government tax policy on long-term economic growth
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