3. Indicate whether each of the following statements pertains to microeconomics or macroeconomics: a. The unemployment rate

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3. Indicate whether each of the following statements pertains to microeconomics or macroeconomics:

a. The unemployment rate in the United States was 5.8 percent in 2008.

b. Workers at the Sleepy Eye grain elevator are paid $8 per hour.

c. The productivity of American workers as a whole increased by more than 2 percent per year in the last decade.

d. The money or nominal wages of nursing aides increased by 3 percent in 2008.

e. The Alpo dog food plant in Bowser, Indiana, laid off 15 workers last month.

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Contemporary Labor Economics

ISBN: 9780073375953

9th Edition

Authors: Campbell McConnell, Stanley Brue, David Macpherson

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