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In each of the following situations, determine whether it is a microeconomic or macroeconomic issue. (5 points) a. _________ The U.S. economy expanded by 2.4%
In each of the following situations, determine whether it is a microeconomic or macroeconomic issue. (5 points) a. _________ The U.S. economy expanded by 2.4% in 2014. b. _________ The rate of inflation in the U.S. is less than 2% per year. c. _________ My friend's plumbing business had good profits last month. d. _________ Sales of Apple's Watch are not very strong. e. _________ Congress is worried about the U.S. trade deficit.
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