Which of the following questions is more likely to be studied by a microeconomist than a macroeconomist?
A)Why do prices in general rise by more in some countries than in others?
B)Why do wages differ across industries?
C)Why do national production and income increase in some periods and not in others?
D)How rapidly is GDP currently increasing?

Question

Quizplus · Accepted Answer

The question "Why do wages differ across industries?" is more likely to be studied by a microeconomist because it focuses on the behavior of individual firms and households in specific markets rather than the overall performance of the entire economy (which is the focus of macroeconomics). Options A, C, and D all deal with macroeconomic issues such as inflation, economic growth, and GDP, which are typically studied by macroeconomists.

Which of the Following Questions Is More Likely to Be