Which of the following newspaper headlines would be more closely related to what microeconomists study than to what macroeconomists study?
A) Unemployment rate rises from 5 percent to 5.5 percent.
B) Real GDP grows by 3.1 percent in the third quarter.
C) Retail sales at stores show large gains.
D) The price of oranges rises after an early frost.
Correct Answer:
Verified
Q2: Which of the following statements about GDP
Q3: Which of the following statistics is usually
Q5: If a nation's GDP rises,then it must
Q6: For an economy as a whole,
A)income is
Q9: Because every transaction has a buyer and
Q11: Statistics that are of particular interest to
Q15: For an economy,expenditure is equal to income
Q68: Which of the following topics are more
Q85: In a simple circular-flow diagram,total income and
Q92: GDP is defined as
A) the market value
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents