BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is an example of a macro economic factor?
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interest rates
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research and development
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climate change
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Explanation:
Detailed explanation-1: -Examples of macroeconomic factors include economic outputs, unemployment rates, and inflation. These indicators of economic performance are closely monitored by governments, businesses, and consumers alike.
Detailed explanation-2: -Three variables determine interest rates: inflation rate, GDP growth, and the real interest rate.
Detailed explanation-3: -Macroeconomic variables, including the unemployment rate, interest rates, trade balance, oil, money supply, and the consumer price index, constantly affect the performance of investments.
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