1)Which of the following would least likely be considered a microeconomic question? a) Should a household purchase a new vehicle? b) What was the total value of investment in the U

1)The correct answer to the given question is option b) What was the total value of investment in the U.S. economy last year?

The micro-economic questions deal with the aspects related to a firm, industry or a household. On the other hand, the macro-economic questions deal with an economy as a whole in terms of interest rates, employment, inflation and taxes.

Among the given questions, only question b) is related to the U.S economy while other questions are related to firm like Microsoft and household.

2)The correct answer is: C. changes in the price of the goods

A change in the price of a good does not shift the demand curve. Instead, it causes a movement along the demand curve. A change in any other factors will shift the demand curve to the left or to the right.