Which statement does NOT deal with microeconomics?
A) Profits for some manufacturing firms fell in 2009.
B) The unemployment rate in the United States rose to 10% in 2009.
C) Salaries of top executives fell in 2009.
D) Competitive markets promote efficiency.

Question

Quizplus · Accepted Answer

The unemployment rate in the United States is a macroeconomic indicator, as it pertains to national-level data, rather than individual firms or markets. The other statements are related to specific firms or markets and are thus microeconomic in nature.

Which Statement Does NOT Deal with Microeconomics