Which of the following statements most likely lies within the realm of microeconomics?
Options
A) Unemployment rises during a recession and falls during an expansion.
B) An increase in government spending will increase the aggregate demand for goods and services in the economy.
C) A rapid acceleration of the supply of money may create inflation.
D) An increase in labor costs will increase the additional cost of producing another bus.
The Correct Answer for the given Question is Option D) An increase in labor costs will increase the additional cost of producing another bus.
Answer Explanation
(Founder of Management Notes)
MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
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