In relation to the previous questions, what is the one key variable that answers the fundamental questions about microeconomics and what drives the economy? a). prices b)., Demand c). None of the answers provided is corrects d). Supply Which of the following best describes positive economics? a). It is the way thing are b). It is when the economy is doing very well c). It is a key indicator of how much money consumers are spending d). It is the way things could be Which of the following is used by economics as an example of a perfectly competitive market? a). eBay b). QVC c). The stock market d). NFTA True or False: Since water is important to substaning life, than diamonds, the twin forces of supply and demand dictate that water be just as expensive as diamonds

Label each entry in the list as dealing with a microeconomic topic or a macroeconomic topic. Macroeconomic | Motor vehicle production in China is growing by 10 percent a year. Microeconomic Coffee prices rocket. Macroeconomic Globalization has reduced African poverty. Macroeconomic The government must cut its budget deficit. Microeconomic Apple sells 20 million iPhone 6 a month. Click to select your answer(s). Save for LaterA five-year corporate bond and its benchmark government bond had the following yields over a one-month period: Beginning of Month End of Month Corporate bond yield 6.75% 7.00% Government bond yield 4.25% 4.75% Over this month, the price of the corporate bond most likely experienced: A) unfavorable macroeconomic and microeconomic factors, B) favorable macroeconomic factors and unfavorable microeconomic factors. C) unfavorable macroeconomic factors and favorable microeconomic factors