Indicate whether each of the following statement applies to microeconomics or ma

Question

Indicate whether each of the following statement applies to microeconomics or macroeconomic: A. The unemployment rate in the United States was 9.% in April 2011 B. A U.S. Software firm discharged 15 workers last month and transferred the work to India. C. An unexpected freeze in central Florida reduced the citrus crop and caused the price of oranges to rise. D. U.S. Output, adjusted for inflation, grew by 2.9% in 2010 E. Last week Wells Fargo bank lowered its interest rate on business loans by one half of one percentage point. F. The consumer price index rose by 1.6% in 2010 Indicate whether each of the following statement applies to microeconomics or macroeconomic: A. The unemployment rate in the United States was 9.% in April 2011 B. A U.S. Software firm discharged 15 workers last month and transferred the work to India. C. An unexpected freeze in central Florida reduced the citrus crop and caused the price of oranges to rise. D. U.S. Output, adjusted for inflation, grew by 2.9% in 2010 E. Last week Wells Fargo bank lowered its interest rate on business loans by one half of one percentage point. F. The consumer price index rose by 1.6% in 2010 A. The unemployment rate in the United States was 9.% in April 2011 B. A U.S. Software firm discharged 15 workers last month and transferred the work to India. C. An unexpected freeze in central Florida reduced the citrus crop and caused the price of oranges to rise. D. U.S. Output, adjusted for inflation, grew by 2.9% in 2010 E. Last week Wells Fargo bank lowered its interest rate on business loans by one half of one percentage point. F. The consumer price index rose by 1.6% in 2010

Explanation / Answer

A. Macroeconomics

B. Microeconomics

C. Microeconomics

D. Macroeconomics

E. Microeconomics

F. Macroeconomics

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