Macro questions that I am not sure about. Indicate whether the statement applies

ID: 1138577 • Letter: M

Question

Macro questions that I am not sure about.

Indicate whether the statement applies to macroeconomics or microeconomics:

The impact of war in the Middle East has caused the rate of inflation to increase in the United States.

my answer: macro

Determine the appropriate factor of production based on the resource provided:

The windshield wipers on a car.

my answer: capital

Indicate whether the statement applies to macroeconomics or microeconomics:

Worldwide shortages of oil have sparked an increase in price throughout the gasoline industry.

my answer: macro

Indicate whether the statement applies to macroeconomics or microeconomics:

The Federal Reserve raised interest rates on loans by one percentage point to keep pace with the growing housing market

my answer: macro

Determine the appropriate factor of production based on the resource provided:

An Intel Core Processor in a Dell computer.

my answer: capital

Indicate whether the statement applies to macroeconomics or microeconomics:

An unexpected warm autumn in central Nebraska increased the wheat crop and caused the price of bread to decrease.

my answer: macro

Determine the appropriate factor of production based on the resource provided:

A mechanized assembly line in a factory.

my answer: capital

Indicate whether the statement applies to macroeconomics or microeconomics:

U.S. imports rose by $15 billion last quarter.

my answer: macro

Determine the appropriate factor of production based on the resource provided:

A CPA preparing the necessary income tax forms.

my answer: labor

ANSWER :

Rest of your assumptions are right.

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