--%>
Assignment Help - homework help

Microeconomics or macroeconomics

Denote whether each of statements applies to microeconomics or macroeconomics:

a. In Canada, the unemployment rate was 7.0 percent in January 2005.

b. A Canadian software firm discharged 15 workers last month & transferred the work to another country.

c. In central Florida an unexpected freeze dropped the citrus crop and caused the price of oranges to rise.

d. Canadian output, adjusted for inflation, grew through 3.0 percent in the year of 2004.

e. Last week the Scotia Bank dropped its interest rate on business loans by one-half of 1 percentage point.

f. The consumer price index rose by 2.2 percent in the year of 2005.

E

Expert

Verified

Macroeconomics: (a), (d), and (f)

Microeconomics: (b), (c), and (e)

   Related Questions in Finance Basics

  • Q : What is Minor Capital Outlay Minor

    Minor Capital Outlay: The construction projects or tools needed to finish a construction project, estimated to cost less than $600,000 bonus any escalation per Public Contract Code 10108.

    		•
  • Q : What is Fed prime goal in setting

    Normal 0 false false

  • Q : What are Tax Expenditures Tax

    Tax Expenditures: The subsidies offered via the taxation systems by generating deductions, credits and exclusions of certain kinds of income or expenditures which would otherwise be taxable.

    		•
  • Q : What is Working Capital and Revolving

    Working Capital and Revolving Fund: For legal base accounting purposes, fund categorization for funds employed to account for the transactions of self-supporting enterprises which render goods or services for a direct charge to the user that is genera

    		•
  • Q : Describe who owns a credit union

    Describe who owns a credit union? Credit unions are owned through their members. While credit union members put money in their credit union, they are not "depositing" the money technically.  In spite of, they are purchasing shares of the cr

    		•
  • Q : Define Cash Basis of Accounting Cash

    Cash Basis of Accounting: The base of accounting in which expenditures and revenues are recorded whenever cash is received or distributed.

    		•
  • Q : Describe Schedule 7A Schedule 7A : The

    Schedule 7A: The summary version of the State Controller’s Office detailed Schedule 8 position register for each department. The information replicated in this schedule is the base for the “Salaries and Wages Supplement” exhibited on

    		•
  • Q : Define Price Increase Price Increase :

    Price Increase: Budget adjustment to reflect the inflation factors for particular operating expenses constant with the budget instructions from the Department of Finance.

    		•
  • Q : Define Tort Tort : It is a civil wrong,

    Tort: It is a civil wrong, other than a breach of contract, for which the court awards indemnity. The traditional torts comprise malpractice, negligence, assault and battery. Lately, torts have been widely expanded such that the interference with a co

    		•
  • Q : What is Abatement Abatement : A

    Abatement: A decrease to an expense which has already been made. In state accounting, only specific kinds of receipts are accounted for as abatements, comprising refund of overpayment of salaries, rebates from vendors and third partie

    		•