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Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics.

Respuesta :

The correct grouping of the different economic theories based on the given scenarios are:

Micro-economic theory

  • The government's decision on how much to spend on public projects  
  • A consumer's optimal choice when buying a flat-screen TV

Macro-economic theory

  • The effect of government regulation on a monopolist's production decisions  

Microeconomics and Macroeconomics

Macroeconomics refers to the overall performance of an national economy while Microeconomics refers to the allocation of scarce resources.

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