Below Are Six Statements

question 39

Essay

Below are six statements.Indicate whether each one pertains to microeconomics (MIC) or macroeconomics (MAC).(a) "The inflation rate in Canada hit its lowest level in the last twenty years".(b) "The profits of BCE rose 20 percent during the past quarter".(c) "A drought has occurred in the Prairies.The prices for barley are expected to rise sharply".(d) "The nation's economy grew at an annual rate of 3.7 percent in the final quarter of the year".(e) "The trade surplus in Canada was $4 billion last month".(f) "General Motors plans to spend $800 million on a new automobile plant".

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