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Q. |
Statistics such as GDP, the unemployment rate, the rate of inflation and the trade balance are: |
A. | Macro, since they tell us something about the entire economy |
B. | Neither macro nor micro, but properly in the realm of political science |
C. | Both micro and macro |
D. | Micro, since they affect individual households and firms |
Answer» A. Macro, since they tell us something about the entire economy |
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