Which of the following is not a microeconomics topic? (Select all that apply.) A. The reasons for...

Question:

Which of the following is not a microeconomics topic? (Select all that apply.)

A. The reasons for a decline in average prices

B. The reasons why Kathy buys less orange juice

C. The cause of why total employment may decrease

D. The effect of the government budget deficit on inflation

Branches of Economics:

Economics is a social science that studies mainly the production, consumption, and distribution of goods and services in an economy. The discipline of economics has two major branches: microeconomics and macroeconomics.

Answer and Explanation: 1

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The correct answers are:

  • A. The reasons for a decline in average prices
  • C. The cause of why total employment may decrease
  • D. The effect of the...

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What is Economics? - Definition & Types

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Chapter 3 / Lesson 1
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Few things affect the day-to-day lives of everyone more than the economy. In this lesson, you'll learn about economics, including some of its foundational topics and concepts. You'll also have a chance to take a quiz after the lesson.


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