Which of the Following Is NOT a Macroeconomic Statement

question 49

Multiple Choice

Which of the following is NOT a macroeconomic statement?

• A) Aggregate worker productivity decreased by three percent in 2012.
• B) The price of cell phones decreased by 18 percent last year.
• C) Gross domestic product in Peru increased 4 percent from 2011 to 2012.
• D) The U.S. inflation rate was two percent in 2012.

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Definitions:

Alternatives

Different choices or options that are available in a decision-making process.

Adjusted Corporate Tax

This term might involve adjustments made to the corporate tax reported, accounting for various deductions, credits, and exemptions to reach a tax obligation more accurately reflecting the company's financial activity.

Taxable Income

Income subject to taxes, calculated by subtracting deductions and exemptions from gross income.

Total Operating Capital

Represents the total amount of capital tied up in operating assets, necessary for the day-to-day functioning of a business.