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Q: Which of the following is a microeconomic statement?

  • 1
    The price of personal computers declined last year.
  • 2
    Unemployment was 6.8 percent of the labor force last year.
  • 3
    The real domestic output increased by 2.5 percent last year.
  • 4
    The general price level increased by 4 percent last year.
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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:

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