Which of the following is a macroeconomic statement?
A) Motorcycle manufacturer productivity decreased by three percent in 2012.
B) The price of cell phones decreased by 18 percent last year.
C) Real domestic output of seafood increased 12 percent from 2011 to 2012.
D) The U.S. inflation rate was two percent in 2012.
Correct Answer:
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Q5: Macroeconomics
A) studies the behavior of individual consumers,
Q6: Explain the supply and demand of products,
Q7: If the prices of goods begin to
Q9: Which of the following is NOT a
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Q12: The value of all final goods and
Q13: Which of the following would be a
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