Question

Create a real or hypothetical question that could be addressed with positive analysis regarding a macroeconomics issue that affects your household or your firm.'

What is the impact on the US unemployment rate if the US imposes a 25% tariff on all goods imported from China?”

This is a macroeconomics topic because it is concerned with international trade and its impacts on an aggregate economic measure (the national unemployment rate). This is positive analysis because it seeks an objective response (a fact-based answer) regarding cause and effect and does not seek to find or impose a personal opinion on whether the tariffs are “good” or “bad”.

Please use the example as reference. Thank you please original work only

Answer 1

A relevant issue in Macroeconomics is the impact of crude oil prices on the economic output of nations. A question can be framed as under:

"What is the impact on the US real GDP growth rate if OPEC countries decide to cut global supply of crude oil by 30%?"

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This is a macroeconomics issue, as it focuses on real GDP growth and the global crude oil market. The cut in output of crude oil will raise the prices, and impact all aspects of economic activity.

It is a positive question, as it deals with cause-effect analysis. There is no personal opinion or "normative" analysis required.

The causal relationship can be quantified using available data.