5. Microeconomics and macroeconomics Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics. Microeconomics Macroeconomics The effect of a...

Extracted text: 5. Microeconomics and macroeconomics Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics. Microeconomics Macroeconomics The effect of a large government's budget deficit on the economy's price level The effects of the Internet on the pricing of used cars A consumer's optimal choice when buying a flat-screen TV A firm's decision about the size of its new factory O O