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Classify the following topics as relating to microeconomics or macroeconomics.a. a family's decision about how much income to saveb. the effect of government regulations on auto emissionsc. the impact of higher national saving on economic growthd. a firm's decision about how many workers to hiree. the relationship between the inflation rate and changes in the quantity of money
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okay. Questioned wife classified the following topics this relating to microeconomics or macroeconomics. So for this type of problem, Um, first of all, if you see some keywords like firms or families, it's, ah, mostly related to microeconomics because it is talking about individuals decision, like whether you're going to arm the syrup, affirm or your whether you're going to buy something and save your income. So these, like more like smaller scale off economic questions like related to individual decisions, are what microeconomics care about, so based talking about the family's decision about how much income to see. So this is a single family's decision, which is microeconomics and also de affirms decision about how many workers to hire. I'm so actually confirmed decision and the pricing theory are a huge part ofthe microeconomics. And so when you see a firm's decision or like about like how a firm is going to sit up the the the company and measuring the fixed costs or the marginal cost, these are all microeconomic customs. And for macro questions, it is easy to see that it's like a larger scale. It's like when government is trying to make a decision. For example, being how government should regulate on auto emissions and also liking the relationship between the inflation rate and quantity of money. This is something that the central bank, which is also part of the government that isthe considering every day this is a problem that isthe like nationwide and more related to policy and also see the impact of higher national savings. So national saving. When you see this term, you know that it has something to do with the government and are not nation as a whole. And also economic growth is a very broad topic that relates to government decision and also the policy site. So in conclusion, A. D R micro economic problems and B and C and e r macro economic problems.
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