Classify the following topics as relating to microeconomics or macroeconomics.
a firm's decision on which production method to use
the effect of rent control on the housing market
the effect of an increase in income tax on national income
the effect of externality on the quantity produced by the market
a student's decision about how to allocate hi

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer

When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level

Atrough in the business cycle occurs when