Answer: B. How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means?
Explanation:
It should be noted that microeconomics has to do with studying of economic agents like the individuals and the firms and how their decision affects the society while macroeconomics deals with the whole economy.
The microeconomic topics can have an impact on macroeconomic topics is option B "How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means".
This is because savings and expenditure have an impact on the economy had whole and this can lead to certain decisions to be taken by the government.
The demand for pizza increases because In this task, we need to explain whether the demand for student employees would increase, decrease or remain constant in different scenarios.
Demand for labor is the total demand for working hours (workers) that is derived from the demand of a firm's total output.
Cost of employees increases because the minimum wage rises
Therefore, when the minimum wage for student employees increases, the marginal cost of labor increases.
<u>Therefore, the </u><u>demand </u><u>for student employees would decrease.</u>
<h3>what is
Demand ?</h3>
- Demand refers to the consumer's desire to purchase a particular product or service.
- Market demand is the demand for a particular good in the market.
- Aggregate demand refers to the overall demand for goods and services in any economy.
- The matching of supply and demand determines the price of goods or services, Understanding the concept of demand.
- Demand is an economic concept that refers to consumers' desire to purchase goods and services and their willingness to pay a particular price for them.
- The Law of Demand is an economic principle that consumer demand for a commodity increases when prices fall and decreases when prices rise.
- The law of demand comes into play during Black Friday sales, when consumers rush to buy products at deep discounts.
to learn more about Demand from the given link :
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Is best defined as the amount of tax that is saved because of the depreciation expense.
Answer:
The answers are:
- A) Government tax revenue minus the sum of government purchases and transfer payments to households.
- B) a budget surplus
Explanation:
The formula to calculate public saving is (T - G - TR).
- T stands for all the government revenue through taxes and tariffs.
- G stands for all the government spending including purchase of goods and provision of services.
- TR stands for all the government transfers including payments to individuals and households through social programs (including social security).
Budget surplus is the same as public saving.
Answer:
a. have performance attributes that are difficult to ascertain at the moment of purchase
Explanation:
In case of an experience good, it is difficult to make predictions regarding its price and quality.
The reputation of a seller and word of mouth are the important things that customers can use to make decisions regarding purchasing of the product.
Experience goods are those which have performance attributes that are difficult to ascertain at the moment of purchase