Economics 0455 · IGCSE · Microeconomics and macroeconomics

Microeconomics and macroeconomics — practice question

The table gives examples of changes in an economy. Which combination contains two microeconomic changes?

  • Aan increase in the rate of inflation; a rise in the average earnings of healthcare professionals
  • Ban increase in the rate of inflation; a rise in the rate of unemployment
  • Ca reduction in output in the car industry; a rise in the average earnings of healthcare professionals
  • Da reduction in output in the car industry; a rise in the rate of unemployment

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