Which of the following is a macroeconomic statement?
A) Severe drought in the prairies has increased the price of wheat.
B) Technological improvements have lowered prices in the automobile industry.
C) The provincial government of British Columbia has increased tuition fees.
D) The unemployment rate in Canada is expected to decline over the next two years.
E) Hurricanes in Florida lead to greater exports of soft wood lumber from Canada to the U.S.
Correct Answer:
Verified
Q8: Which of the following questions would NOT
Q9: Which of the following is a macroeconomic
Q10: Economics is best defined as the study
Q11: Microeconomics includes the study of
A) inflation.
B) unemployment.
C)
Q12: The study of individual choices and group
Q14: The economist often considered the "father of
Q15: The Scottish economist who wrote "The Wealth
Q16: The study of macroeconomics includes
A) the choices
Q17: The distinguishing feature of microeconomics is studying
A)
Q18: Which of the following decisions would NOT
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