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A) Which of the following are microeconomic problems? (You may select more than one answer

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A) Which of the following are microeconomic problems? (You may select more than one answer.)

(a) Work/leisure choice.

(b) Marketing strategy.

(c) Recession.

(d) Inflation.

(e) Federal budget deficit.

B. Which of the following are macroeconomic problems? (You may select more than one answer.)

(a) Raw material inventory control.

(b) Cyclical unemployment.

(c) Externalities that have negative effects on society.

(d) The pricing policies of firms.

(e) Business cycles.