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Which of the following are macroeconomic issues, which are microeconomic issues and which could be either depending on the context? Explain why in one line.(10

Which of the following are macroeconomic issues, which are microeconomic issues and which could be either depending on the context? Explain why in one line.(10 marks)  low wages in certain service industries  inflation  the rate of economic growth this year compared with last year  the decline of manufacturing industries  a fall in house prices. (2 marks each) 

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