Identify each of the following as being part of microeconomics or macro economics

i saudi arabia is the world 's largest producer of crude oil

ii in the short run, a decrease in Employment would result in higher inflation

iii jewlery shops operate in a monopolistic competitive market structure

iv A depreciation in the canadian dollar would make Canadian exports more competitive in the international market

B Identify each of the following statements as positive or normative

i An increase in price of product X, other things being equal, would decrease the quantity demand for that product

ii The passing grade in economics should be 60%

iii the number of students in my class is 30

iv The government needs to reduce its budget deficit