Indicate whether each of the following statements applies to microeconomics or macroeconomics: a. U. S. output, adjusted for inflation, grew by 2.2% in 2007. b. The unemployment rate in the United States was 5.0% in April 2008. c. The consumer price index rose by 2.8% in 2007. d. A U. S. software firm discharged 15 workers last month and transferred the work to India. e. An unexpected freeze in central Florida reduced the citrus crop and caused the price of oranges to rise.

Multiple-choice questions have a special grading rule determined by your instructor. assume that your instructor has decided to grade these questions in the following way: if you submit an incorrect answer to a multiple-choice question with n options, you will lose 1/(nâ’1) of the credit for that question. just like the similar multiple-choice penalty on most standardized tests, this rule is necessary to prevent random guessing.if a multiple-choice question has five answer choices and you submit one wrong answer before getting the question correct, how much credit will you lose for that part of the question? multiple-choice questions have a special grading rule determined by your instructor. assume that your instructor has decided to grade these questions in the following way: if you submit an incorrect answer to a multiple-choice question with options, you will lose of the credit for that question. just like the similar multiple-choice penalty on most standardized tests, this rule is necessary to prevent random guessing.if a multiple-choice question has five answer choices and you submit one wrong answer before getting the question correct, how much credit will you lose for that part of the question? 100% 50% 33% 25% 20%