Identify the macroeconomic issue among the following statements

Economics Dec 14, 2020

Identify the macroeconomic issue among the following statements.

a. The average cost of producing electricity nationally is rising.

b. Our family business costs will rise due to higher electric rates.

c, The electric bill is higher this month.

d. None of the above.

Expert Solution

The correct answer is d. None of the above.

Macroeconomic issues are the issues that affect the entire economy and not just a part of it. In all of the examples given here, a particular sector is being affected and not the economy as a whole.

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