Which of the following is a macroeconomic issue?
A)The number of jobs and production in Zimbabwe increase.
B)The Australian Football League signs a new television contract.
C)Power stations are required to install more anti-pollution devices.
D)The South Australian wheat harvest is smaller than normal.
E)The price of a ticket to Dreamworld on the Gold Coast is increased.

Question

Quizplus · Accepted Answer

The increase in jobs and production in Zimbabwe is a macroeconomic issue as it relates to the overall performance of the economy.

Answer: C 
 The requirement for power stations to install more anti-pollution devices is a macroeconomic issue as it relates to the regulation of industry and its impact on the environment.

Answer: D 
 The smaller than normal wheat harvest in South Australia is a microeconomic issue as it relates to the performance of a specific industry and region, rather than the overall economy.

Answer: B and E 
 The signing of a new television contract by the Australian Football League and the increase in ticket prices for Dreamworld on the Gold Coast are both microeconomic issues as they relate to specific industries and their pricing and revenue strategies.

Which of the Following Is a Macroeconomic Issue