Which of the Following Is a Macroeconomic Statement

question 38

Multiple Choice

Which of the following is a macroeconomic statement?

• A) Severe drought in the prairies has increased the price of wheat.
• B) Technological improvements have lowered prices in the automobile industry.
• C) The provincial government of British Columbia has increased tuition fees.
• D) The unemployment rate in Canada is expected to decline over the next two years.
• E) Hurricanes in Florida lead to greater exports of soft wood lumber from Canada to the U.S.

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Definitions:

Reciprocal Liking

The phenomenon where people tend to like others who like them back, often strengthening interpersonal bonds.

Proximity

The physical closeness or distance between objects or individuals, impacting relationships and interaction.

Companionate

Referring to affection and tenderness felt in long-term, committed relationships.

Intimacy

An emotional and psychological closeness that is based on the ability to trust, share, and care, while still maintaining a sense of self.