Which of the following are likely to be studied in a microeconomics course?
A)choices made by individual consumers
B)the causes of inflation
C)how the economy's total output is measured
D)how an increase in government spending affects the level of unemployment

Question

Which of the following are likely to be studied in a microeconomics course?
A)​choices made by individual consumers
B)​the causes of inflation
C)​how the economy's total output is measured
D)​how an increase in government spending affects the level of unemployment

Quizplus · Accepted Answer

Microeconomics focuses on individual economic agents such as consumers, firms, and markets. Therefore, choices made by individual consumers are likely to be studied in a microeconomics course.

Answer: B, C, and D are not likely to be studied in a microeconomics course.

B) The causes of inflation are more likely to be studied in a macroeconomics course because inflation is a macroeconomic issue that affects the economy as a whole. 
C) How the economy's total output is measured is also a topic that falls under macroeconomics, as it involves studying aggregate economic indicators such as Gross Domestic Product (GDP). 
D) The effect of an increase in government spending on unemployment is another topic that is more likely to be covered in a macroeconomics course, as it deals with the relationship between government policy and the overall performance of the economy.

Which of the Following Are Likely to Be Studied in a Microeconomics