Which of the following is an example of a macroeconomic indicator?
National unemployment rate
National unemployment rate is correct.
Macroeconomics studies the economy as a whole, using aggregate measures such as GDP, national income, the general price level (inflation), the national unemployment rate, the fiscal deficit and the balance of payments. The national unemployment rate shows the share of the whole labour force that is without work, so it is a macroeconomic indicator.
The price of one product, the demand for a particular brand and the cost of production of a single company concern individual markets, consumers or firms; these are subjects of microeconomics, not macroeconomic indicators.
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______ are imposed on items like cigarettes and alcohol.
