Question

Which of the following describes the macroeconomy? a. The US inflation rate has been under 2% annually over the last 7 years. b. The online retail business has been growing at the expense of traditional retail stores. c. The oil and gas sector in Texas has seen the largest job gains in 2017. d. Consumers in Arizona are spending more on electricity due to a very hot summer

Answer 1

Correct option is A.

The US inflation rate has been under 2% annually over the last 7 years.

Step-by-step explanation:

Answer is a because it deals with the aggregate economy. Answer C deals only with Texas so it is wrong.