Answer to Question #189588 in Macroeconomics for Folashade

Question

1.  Which of the following headlines is more closely

related to what microeconomists study than to what macroeconomists study?

a. Unemployment rate falls from 7.5 percent to 7.3 percent. b. Real GDP

falls by 0.4 percent in the third quarter.

 

c. Inflation was 2.4 percent last year.

 

d. The price of gasoline rises due to rising oil prices.

Answer 1

d. The price of gasoline rises due to rising oil prices.