A. IDENTIFICATION: Identify which of the following is most appropriately a microeconomic or macroeconomic issue. Write your answer on a separate sheet of paper.
1. Determination of GDP and GNP in the economy
2. Determining the prices in the individual market
3. Study of the relationship between inflation, unemployment and purchasing power
4. Consumers behavior in the economy 5. Production and costs analysis in the manufacturing firms
6. Operation of individual markets 7. Impact of fiscal debt during this pandemic
8. Study of individual behavior
9. General level of rice prices in this pandemic
10. Total number of workers employed and unemployed in the Philippines during the Asian crisis
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