Which of the Following Is a Macroeconomic Statement

question 52

Multiple Choice

Which of the following is a macroeconomic statement?

• A)Motorcycle manufacturer productivity decreased by three percent in 2010.
• B)The price of cell phones decreased by 18 percent last year.
• C)Real domestic output of seafood increased 12 percent from 2009 to 2010.
• D)The U.S. inflation rate was two percent in 2010.

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Definitions:

Distribution of Assets

The process of allocating a company's or an individual's assets among rightful claimants or heirs.

Dissolution

The process of formally closing or ending a business or legal entity.

Limited Partnership

A business structure where at least one partner has unlimited liability and at least one partner has liability only up to the amount they have invested.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another party, such as the duty a trustee has to beneficiaries.