Determine whether each of the following topics would more likely be studied in microeconomics or microeconomics.
the effect of a large government budget deficit on the economy's price level
the effect of an increase in the money supply on the rate of inflation
the effect of government regulation on a monopolist's production decisions

The effect of government regulation on a monopolist's production decisions

Explanation:

The effect of a large government budget deficit on the economy's price level

The superavit or deficit of the government is a macroeconomics subject.

The money market is also macroeconomics.

The impact of regulation or specifit taxes or tax extemption on a monopolist's production will be part of microecnomics, because it will impact on which level the monopolist's production finds equilibrium after the legislation.

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