Below Are Six Statements

question 39

Essay

Below are six statements.Indicate whether each one pertains to microeconomics (MIC) or macroeconomics (MAC).(a) "The inflation rate in Canada hit its lowest level in the last twenty years".(b) "The profits of BCE rose 20 percent during the past quarter".(c) "A drought has occurred in the Prairies.The prices for barley are expected to rise sharply".(d) "The nation's economy grew at an annual rate of 3.7 percent in the final quarter of the year".(e) "The trade surplus in Canada was $4 billion last month".(f) "General Motors plans to spend $800 million on a new automobile plant".

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Definitions:

Dopamine

A neurotransmitter important for feeling pleasure and regulating mood, motivation, and reward.

Norepinephrine

A neurotransmitter and hormone involved in the body's fight or flight response, influencing attention, heart rate, and blood pressure.

Derived From Plants

A phrase indicating that a substance is obtained or extracted from plant sources.

Cocaine

A potent stimulant drug derived from the coca plant, often abused for its euphoric effects but also used medically as a local anesthetic.