1 CHAPTER 1 - Homework: (10 POINTS) 1. Identify the following as Micro or Macroeconomic study – LO1 a) The study of the relationship between competition and price discrimination in Smart PhIndustry.
b) A study on Male-female Labor Market Participation and the Extent of Gender-based WagDiscrimination in United States.
c) What determines the wages and benefits of flight attendants?
d) An economic analysis of the conditions that could lead to inflation in an economy.
e) How will Apple Inc. decide on a selling price for the iPhone?
2. Identify the following as Positive or Normative statement – LO2 a) The government should implement a national consumption tax.