Microeconomics vs. Macroeconomics students – Flashcards
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Predicting how consumers will react to higher gasoline prices
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Micro
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Measuring the rate of unemployment
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Macro
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Analyzing the consequences of free trade agreement between two countries
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Both
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Explaining the effect of higher wage rates on a company's supply decision
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Micro
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Forecasting when a recession will likely begin and end
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Macro
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Explaining the effect of higher wages on total production
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Macro
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Tracking the relationship between the money supply and the inflation rate
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Both
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Studying how consumer demand reacts to advertising
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Both
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Advising a corporation about an investment proposal
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Micro
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Understanding how mandatory health insurance will affect small business
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Micro
