Which of the Following Is a Macroeconomic Statement

question 11

Multiple Choice

Which of the following is a macroeconomic statement?

• A) Motorcycle manufacturer productivity decreased by three percent in 2016.
• B) The price of cell phones decreased by 18 percent last year.
• C) Real domestic output of seafood increased 12 percent from 2015 to 2016.
• D) The U.S. inflation rate was two percent in 2016.

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Definitions:

Advantages and Disadvantages

The positive and negative aspects of a given situation, decision, or strategy, considered in order to make informed choices.

Simplifying Jobs

The process of redesigning jobs to make them more straightforward and less complex, often by eliminating unnecessary tasks or responsibilities.

Employee Satisfaction

A measure of how content and happy employees are with their job, workplace environment, and organizational practices.

Information-processing Requirements

The cognitive and technical demands of a job, including the need to collect, process, and use information effectively.