Which of the following is a positive macroeconomic statement: a)The price of steel declined by 3% last year.

Which of the following is a positive macroeconomic statement:

a)The price of steel declined by 3% last year.

b)The government should reduce the tax burden to help small business.

c)The productivity of hospitality workers increased by 1% in 2016.

d)The gross profit of all Australian businesses was $182 billion last year.

The basic purpose of the

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