Indicate whether each of the following statements applies to microeconomics or macroeconomics: i. The unemployment rate in Bangladesh was 9.7 percent in March 2019. ii. A Bangladeshi software firm discharged 15 workers last month and transferred the work to India. iii. Extreme cold weather in northern region of Bangladesh reduced the rice production 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.
Indicate whether each of the following statements applies to microeconomics or macroeconomics: i. The unemployment rate in Bangladesh was 9.7 percent in March 2019. ii. A Bangladeshi software firm discharged 15 workers last month and transferred the work to India. iii. Extreme cold weather in northern region of Bangladesh reduced the rice production 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.
Chapter1: The Role And Method Of Economics
Section: Chapter Questions
Problem 8P
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Question
![Indicate whether each of the following statements applies to microeconomics or
macroeconomics:
i. The unemployment rate in Bangladesh was 9.7 percent in March 2019.
ii. A Bangladeshi software firm discharged 15 workers last month and transferred
the work to India.
iii. Extreme cold weather in northern region of Bangladesh reduced the rice
production 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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa30c029d-ea3e-4f2b-9013-d3f476d0ee50%2F95f019f0-8f27-43a0-9f7b-ab430b301cce%2Fl37rn7b_processed.png&w=3840&q=75)
Transcribed Image Text:Indicate whether each of the following statements applies to microeconomics or
macroeconomics:
i. The unemployment rate in Bangladesh was 9.7 percent in March 2019.
ii. A Bangladeshi software firm discharged 15 workers last month and transferred
the work to India.
iii. Extreme cold weather in northern region of Bangladesh reduced the rice
production 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.
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