Solved

Which of the Following Is a Microeconomic Statement

Question 10

Multiple Choice

Which of the following is a microeconomic statement?


A) The real domestic output increased by 2.5 percent last year.
B) Unemployment was 8.3 percent of the labour force last year.
C) The price of personal computers declined last year.
D) The general price level increased by 4 percent last year.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q5: Recessions are typically characterised by points:<br>A)inside the

Q7: Refer to the diagram below.This production possibilities

Q9: The production possibilities curve is bowed out

Q11: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the

Q12: Which of the following is associated with

Q13: Economics is concerned with using scarce productive

Q14: The cost of the choice you make

Q15: Most of the disagreement among economists involves:<br>A)facts.<br>B)theories.<br>C)positive

Q54: Products and services are scarce because resources

Q126: If price (P) and quantity (Q) are