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Answer:
Microeconomics
A firm's decision on which production method to use.
The effect of rent control on the housing market.
The effect of externality on the quantity produced by the market.
A student's decision about how to allocate hi
Macroeconomics
The effect of an increase in income tax on national income.
The classification of the following topics that are related to microeconomics or macroeconomics is as follows:
- When the decision of the firm is taken for the production method so it is microeconomics.
- When the control of the rent on the housing market is impacted so it is microeconomics.
- When there is an impact on the rise in the income tax on the national income so it is the macroeconomics.
- The impact of the quantity generated by the market on an external basis so it is microeconomics.
- The decision of the student with respect to the distribution of his time that lies between two subjects should be microeconomics.
Therefore we can conclude that the above topics should be classified as microeconomics or macroeconomics.
Learn more about the decision here: brainly.com/question/12111899
