Indicate whether each of the following statements applies to microeconomics ormacroeconomics:i. The unemployment rate in Bangladesh was 9.7 percent in March 2019.ii. A Bangladeshi software firm discharged 15 workers last month and transferredthe work to India.iii. Extreme cold weather in northern region of Bangladesh reduced the riceproduction and caused the price of rice to rise.iv. Inflation rate in Bangladesh decreased by 2.4 percent in 2018.v. Last week Sonarbangla Bank (a private commercial bank of Bangladesh)lowered its interest rate on business loans by one-half of 1 percentage point.vi. The GDP growth rate rose by 3.5 percent from July 2018 to June 2019.

Economics is a discipline that includes two disciplines microeconomics and macroeconomics.…

Answered: Indicate whether each of the following…

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter1: The Role And Method Of Economics

Section: Chapter Questions

Problem 8P

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