CH01 Microeconomics vs. Macroeconomics

The growth of U.S. Gross Domestic Product (GDP) has slowed over the past several years.

• Microeconomics

• Macroeconomics

The percent of U.S. GDP allocated to health care spending has increased to an all time high.

• Microeconomics

• Macroeconomics

Prescription drug prices have increased dramatically over the last decade.

• Microeconomics

• Macroeconomics

There is renewed concern over inflation as the overall price level in the U.S. economy has begun to increase faster than any time in the previous decade.

• Microeconomics

• Macroeconomics

Higher wages paid to nurses would solve the nursing shortage problem.

• Microeconomics

• Macroeconomics

The overall level of wages has been declining in the U.S over the past decade.

• Microeconomics

• Macroeconomics

The current unemployment rate in the U.S continues to be high relative to the 1990s.

• Microeconomics

• Macroeconomics

As the U.S unemployment rate risen, many people have lost their health insurance coverage.

• Microeconomics

• Macroeconomics

Requiring retail firms to offer mandatory health benefits to workers would result in the loss of retail jobs.

• Microeconomics

• Macroeconomics

One of the reasons the Equal Rights Amendment should be passed is to insure the equality of wages.

• Microeconomics

• Macroeconomics