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Hello everyone.
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So in this question, we have several scenarios and we need to indicate whether each of the following statement applies to macroeconomics or microeconomics.
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So the first statement says that the unemployment rate in united states was 5 .1 % in september 2015.
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So the unemployment rate represents employment situation of the country as a whole.
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So it is considered the statement applies to macroeconomics.
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Moving to the next part, which says that a us software firm discharged 15 workers last month and transferred the work to india.
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So the scenario of exit of 15 workers and transfer of the work to the country, india, have occurred in a single firm.
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Thus, the statement applies to microeconomics.
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Moving to the next part, which says that an unexpected freeze in central flow, florida reduce the citrus crop and cause the price of oranges to rise.
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So the reduction in the citrus crop leads the price level of the oranges to rise in the country.
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And the reduction in one crop leads to increase in the price of other single goods and it represents the single goods...