Wednesday, November 13, 2013
The difference between Macro and Micro
Not long ago, I was watching the price of gasoline go up over $4. (I still bought just as much, can't do anything about that.)
But I was worried about being able to make ends meet. That's micro.
Now, I'm watching the price of gasoline go down near $3.50. (I don't buy any more at the lower price -- Where would I go?)
But I worry now that we'll be getting another recession, like the last time gas prices fell. That's macro.
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1 comment:
Cause?
Effect?
JzB
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