Which of the following newspaper headlines is 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
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