Multiple Choice
Which of the following statements pertains to macroeconomics?
A) Because the minimum wage was raised, Mrs. Olsen decided to enter the labor force.
B) A decline in the price of soybeans caused farmer Wanek to plant more wheat.
C) National income grew by 2.7 percent last year.
D) The Pumpkin Center State Bank increased its interest rate on consumer loans by 1 percentage point.
Correct Answer:
Verified
Correct Answer:
Verified
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