QUESTION IMAGE
Question
question 9
2 pts
which of the following would likely be studied by a microeconomist rather than a macroeconomist?
the effect of a national healthcare program on the nations unemployment rate
the impact of minimum - wage laws on employment in the fast food industry
the effect of a war on government spending
a comparison of alternative tax policies and their respective impacts on the rate of the nations economic growth
Microeconomics focuses on individual - level economic entities like industries, firms, and markets. The impact of minimum - wage laws on employment in the fast - food industry is about a specific industry (a micro - level entity). The other options deal with national - level impacts (unemployment rate, government spending, national economic growth), which are macroeconomic topics.
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The impact of minimum - wage laws on employment in the fast food industry