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yanalaym [24]
4 years ago
12

Classify the following topics as relating to microeconomics or macroeconomics.

Business
1 answer:
maksim [4K]4 years ago
5 0

Answer:

Microeconomics

A firm's decision on which production method to use.

The effect of rent control on the housing market.

The effect of externality on the quantity produced by the market.  

A student's decision about how to allocate hi

Macroeconomics

The effect of an increase in income tax on national income.

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total interest expense per year = $106,200

total interest expense for the 5 year period = $106,200 x 5 years = <u>$531,000</u>

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