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Which of the following represents a microeconomic situation? The rate of inflation is expected to increase The economy is recovering from a deep recession Unemployment
Which of the following represents a microeconomic situation? The rate of inflation is expected to increase The economy is recovering from a deep recession Unemployment rate fell by 0.5 percentage points in February Microsoft profits grew by $2 billion in 2012 Oilatania, a member country of an oil exporting cartel, produces more oil than its quota, an benefits significantly from this extra production. The leaders of Oilatania claim that other
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