Which of the following is a microeconomics topic a the study of how prices are

Which of the following is a microeconomics topic a

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17. Which of the following is a microeconomics topic? a. the study of how prices are determined in the computer industryb. the study of unemployment in the economyc. the study of how changes in the nation's money supply affect the nation's outputd. a and ce. b and cANSWER: a18. Which of the following is a positive macroeconomicsstatement?
19. Which of the following is a normative macroeconomicsstatement? 20. Which of the following is a positive microeconomicsstatement? 21. The condition in an economy that makes a "rationing device" a necessity is: a. the economy is organized around free markets.b. the economy is centrally planned by the government.c. scarcity exists.d. there are fewer types of goods than there are people in the economy.ANSWER: c 22. The latest Taylor Swift album is available to be downloaded for $18.99. Is this price a rationing device? 23. What is the most prominent rationing device you will likely find at your campus bookstore?

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