Which of the Following Is a Macroeconomic Statement

question 5

Multiple Choice

Which of the following is a macroeconomic statement?

• A)The gross profits of all Canadian businesses were $60 billion last year.
• B)The price of computers declined by 3 percent last year.
• C)Bombardier's profits decreased last year.
• D)The productivity of Canadian steelworkers increased by 1 percent last year.
• E)The prices of science and technology stock rose by 10 percent last year.

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Definitions:

Car Dealership

A business that specializes in the sale of new or used cars.

Office Supplies

Office supplies refer to various items and equipment used in offices or for professional purposes, such as stationery, computers, and furniture.

Expenses

Outflows or other using-up of assets or incurrences of liabilities during a period from delivering or producing goods, rendering services, or carrying out other activities.

Assets

Resources owned by a business or individual, which have economic value and can be used to meet debts or commitments.