Lesson 5.1 Macroeconomics vs. Microeconomics

Predicting how consumers will react to higher gasoline prices

• Macroeconomics

• Microeconomics

Measuring the rate of unemployment

• Macroeconomics

• Microeconomic

Analyzing the consequences of a free trade agreement between two countries

• Macroeconomics

• Microeconomic

Explaining the effect of higher wage rates on a company's supply decision

• Macroeconomics

• Microeconomic

Forecasting when a recession likely will begin and end

• Macroeconomics

• Microeconomic

Tracking the relationship between the money supply and the inflation rate

• Macroeconomics

• Microeconomic

Explaining the effect of higher wages on total production

• Macroeconomics

• Microeconomic

Studying how consumer demand reacts to advertising

• Macroeconomics

• Microeconomic

Advising a corporation about an investment proposal

• Macroeconomics

• Microeconomic

Understanding how mandatory health insurance will affect small business

• Macroeconomics

• Microeconomic