The statistical institution in your country project a 22.5% increase in the number of workers in the healthcare industry from 2008 to 2018 classify as microeconomics or macroeconomics and provide a justification for your answer
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The statistical institution in your country project a 22.5% increase in the number of workers in the healthcare industry from 2008 to 2018 classify as
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- Generally speaking, managerial economics is the application of economic theory to the field of business: a) Ethics b) Management c) Practice d) All of the above.I need help with three macroeconomics multiple choice subpart questions.In general, managerial economics refers to the integration of economic theory with business: (A) ethics (B) management (C) practice (D)all of the above
- Economic models A) are people who act out the behavior of firms and households so that economists can study this behavior. b) are usually detailed replications of reality. C)are useful to researchers but not to teachers because economic models omit many details of the real-world economy. D )incorporate simplifying assumptions that often contradict reality, but also help economists better understand reality.classify the following as microeconomics or macreconomics and provide a justification for your choice 1. tesla announced the development of a million mile electric car battery that is ready to launch. 2. airlines project a drastic reduction in international travel for this quarter. This might result in the layoff of workers 3. the stock market plunges by 1000 points due to uncertainty.Subject: Managerial Economics & Policy MCQs: Cement industry is a subject matter of a. Microeconomics b. Macroeconomics c. Both A & B d. None of the above
- The determination of the salaries of teachers would be a topic for microeconomicsThe study of microeconomics includes measuring the a. profit of a corporation b. national output level c. money supply d. overall level of prices e. number of people employed in the economyIndicate whether each of the following statement applies to microeconomics or macroeconomics: Last week Wells Fargo Bank lowered its interest rate on business loans by one-half of 1 percentage point.
- MICROECONOMICS Solve the second questionEconomic models A are complicated because human behavior is complicated. B are simplifications of the phenomena they attempt to explain. C are exactly the same as the phenomena they describe. D require either algebra or graphs.Please assist on answering the questions below (microeconomics expert)