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4 December, 06:54

2. Which of the following headlines is more closely related to what microeconomists study than to what macroeconomists study?

a. Unemployment rate falls from 7.5 percent to 7.3 percent.

b. Real GDP falls by 0.4 percent in the third quarter.

c. Inflation was 2.4 percent last year.

d. The price of gasoline rises due to rising oil prices.

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  1. 4 December, 07:59
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    Answer: The answer is D. The price of gasoline rises due to rising oil prices

    Explanation: microeconomist study is based on the interaction of individuals or firms in an economy, rather than aggregate economic factors that affect a nation as a whole. Examples are inflation rate, unemployment rates, Per capital income, GDP etc
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