Question: Which of the following is a microeconomics statement? a) the real domestic output increased by 25 percent last year. b) Unemployment was 9.8 percent of
Which of the following is a microeconomics statement?
a) the real domestic output increased by 25 percent last year.
b) Unemployment was 9.8 percent of the labour force last year.
c) The price of wheat declined last year.
d) The general price level increased by 4 percent last year.
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Option C is correct The price of wheat declined last year Microecono... View full answer
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