for 1-2,
I. The inflation rate in the Philippines in the last quarter of 2019 was 4.8%.
Il. A P340-billion deficit in the Philippine budget is expected in the year 2021 m.
III. Prices of Tire Less vehicles are predicted rise up in December.
IV. The unemployment rate has dropped because of the increase in the number ofc OFWs.
V. Garlic prices in the past months have risen because producers hoarded their supplies in their bodega.
1 .Which of the above statements fall under macroeconomics?
A. I, II, V
B. II, IV, V
C. I, II, IV
D. III, IV, V
2. Which of the above statements fall under microeconomics?
A. I, III
B. III, V
C. I, II, III
D. III, IV, V