Question

Which of the following is/are correct regarding the distinction between macroeconomics and microeconomics?

a) salaries paid to checkers employees is an example of a macroeconomics variable

b) an import by auto spares of a new machine for painting cars is an example of a microeconomic variable

Answer 1

b) an import by auto spares of a new machine for painting cars is an example of a microeconomic variable

This comes as the auto spares are some of the factors affecting Internal environment of an operation.