Join ExamsbookAnswer : 1. "The price of personal computers declined last year."
Which of the following is a microeconomic statement?5
Q: Which of the following is a microeconomic statement?
- 1The price of personal computers declined last year.true
- 2Unemployment was 6.8 percent of the labor force last year.false
- 3The real domestic output increased by 2.5 percent last year.false
- 4The general price level increased by 4 percent last year.false
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Answer : 1. "The price of personal computers declined last year."
Explanation :
Answer: A) The price of personal computers declined last year. Explanation: