Which of the following is NOT a macroeconomic issue?
A) whether the Federal Reserve will raise interest rate this week
B) whether the unemployment rate will exceed 6% this month
C) whether the country's price level has increased last quarter
D) whether the production of automobiles decreased last year

Question

Quizplus · Accepted Answer

The production of automobiles decreasing is a microeconomic issue as it pertains to a specific industry, whereas macroeconomic issues relate to the overall economy of a country. A, B, and C are macroeconomic issues as they relate to the Federal Reserve's monetary policy, the overall level of unemployment, and the country's inflation rate, respectively.

Which of the Following Is NOT a Macroeconomic Issue