MCQOPTIONS
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| 1. |
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» B. Neither macro nor micro, but properly in the realm of political science | |