<2.1 MICRO vs MACRO> 

--DECIDE WHETHER THE FOLLOWING SCENARIOS ARE RELATED TO MICROECONOMICS or MACROECONOMICS--

• A local bakery increases the price of bread due to higher flour costs

• The government introduces a nationwide healthcare program

• A family decides to purchase a hybrid car to save on fuel costs

• The national government raises taxes to reduce the budget deficit

• A clothing store holds a sale to clear out last season’s inventory

• The central bank lowers interest rates to stimulate borrowing

• A tech company launches a new smartphone model at a higher price

• The inflation rate rises by 3% in the last quarter

• A local restaurant adds more vegetarian options to its menu

• The country's GDP increases by 2% over the last year

• A student decides to work part-time while attending school

• The government creates new tariffs on imported goods

• A farmer buys new equipment to increase crop production

• Unemployment rises across the nation during a recession

• A city raises its public transportation fees

• A company raises wages to attract more workers

• The trade deficit increases due to higher imports than exports

• A local store reduces its hours due to fewer customers

• The government increases funding for public schools

• A car dealership offers discounts on older models 

• The national unemployment rate falls after a period of growth

• A landlord raises rent prices due to high demand for apartments

• The national debt rises by 5% in one year

• A small business invests in new technology to increase productivity

• The stock market experiences a significant downturn

• The central bank raises interest rates to curb rising inflation

• A student decides to spend their allowance on a new video game

• The country’s trade surplus grows due to increased exports

• A dentist’s office decides to offer discounted cleanings 

• The national average income increases due to economic expansion

• A local artist raises prices on their paintings after gaining popularity

• The federal government introduces a new nationwide energy policy

• A restaurant owner decides to expand to a new location

• The country's inflation rate decreases due to monetary policy

• A grocery store offers a discount on bulk items to increase sales

• The government signs a trade agreement with another country

• A freelancer decides to increase the hourly rate they charge

• The government announces a plan to reduce the national debt 

• A coffee shop offers a loyalty program to encourage repeat customers

• A local farmer sells their produce at a nearby farmers' market

• The country's GDP declines during a global economic slowdown

• A student decides to take up tutoring to earn extra income

• The central government increases public spending on infrastructure 

• A bakery introduces new flavors to increase its customer base

• The country experiences deflation, causing average prices to fall