Multiple Choice
Which of the following is a microeconomic statement?
A) The real domestic output increased by 1.6 percent last year.
B) Unemployment was 5.2 percent of the labor force last year.
C) The price of smartphones declined 2.8 percent last year.
D) The general price level increased by 1.1 percent last year.
Correct Answer:
Verified
Correct Answer:
Verified
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