Which of the following is considered a microeconomic topic?

A. The CPI reports a rise in inflation during July
B. A firm's decision to purchase pay-per-click online advertising
C. The Federal Reserve decides to increase the discount rate
D. The review of quarterly national income accounting data

Answer: B

Economics

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Tom is willing to contribute $400 toward building a public park, Jack is willing to contribute $500, and Joe is willing to contribute $750

What is the total marginal value for the park if Tom, Jack, and Joe are the only residents in the neighborhood where the park is being built? A) $1,650 B) $1,050 C) $3,300 D) $2,350

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How did Operation Twist affect the monetary base?

A) reduced B) increased C) no change D) indeterminate

Economics