Which of the following statements is correct

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. Microeconomic The government must cut its budget deficit. Microeconomic Apple sells 20 million iPhone 6 a month.Which of the following statements is correct? a. The aggregate price level is a subject of concern in microeconomics. b. A study of employment in the semiconductor industry would be categorized as a microeconomic study. C. The production and growth of output in the domestic economy is a microeconomic concern. d. Microeconomics is an in-depth study of aggregate economic behavior. e. Microeconomics includes the study of fiscal and monetary policies, or government policies designed to steer the economy in the right direction