Select the following economic scenario that would be considered an example of microeconomics. The governor of Montana proposes lowering the tax rate in her state in order to attract more business. A large computer company, worth billions of dollars, launches a new product that could double its profits. Congress passed a trillion-dollar stimulus bill to stimulate the U.S. economy. The president of the United States and the president of China agree to a treaty that will boost trade between the world's two largest economies.
Select the following economic scenario that would be considered an example of microeconomics. The governor of Montana proposes lowering the tax rate in her state in order to attract more business. A large computer company, worth billions of dollars, launches a new product that could double its profits. Congress passed a trillion-dollar stimulus bill to stimulate the U.S. economy. The president of the United States and the president of China agree to a treaty that will boost trade between the world's two largest economies.
Chapter1: Introducing The Economic Way Of Thinking
Section: Chapter Questions
Problem 4SQP
Related questions
Question
Select the following economic scenario that would be considered an example of microeconomics .
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The governor of Montana proposes lowering the tax rate in her state in order to attract more business.
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A large computer company, worth billions of dollars, launches a new product that could double its profits.
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Congress passed a trillion-dollar stimulus bill to stimulate the U.S. economy.
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The president of the United States and the president of China agree to a treaty that will boost trade between the world's two largest economies.
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