CLASSIFY AS MICROECONOMICS OR MACROECONOMICS

The inflation rate in the Philippines in the last quarter of 2013 was 4.8%.

• MICROECONOMICS

• MACROECONOMICS

A P340-billion deficit in the Philippine budget is expected in the year 2015.

• MICROECONOMICS

• MACROECONOMICS

Prices of Toyota vehicles are predicted to go up in December.

• MICROECONOMICS

• MACROECONOMICS

Garlic prices in the past months have risen because producers hoarded their supplies in their bodegas.

• MICROECONOMICS

• MACROECONOMICS

Unemployment rate has dropped because of the increase in the number of OFWS.

• MICROECONOMICS

• MACROECONOMICS

In the past year, Coca Cola was named the fastest selling product in the market.

• MICROECONOMICS

• MACROECONOMICS

Rental on land could not be increased by landowners because of the Rent Control Law.

• MICROECONOMICS

• MACROECONOMICS

Prices of apples and grapes tend to increase during the Christmas season.

• MICROECONOMICS

• MACROECONOMICS

The Philippine economy grew at the rate of 5.8% in 2013.

• MICROECONOMICS

• MACROECONOMICS

Philippine congress passed the Value Added Tax Law to strengthen the Philippine tax system.

• MICROECONOMICS

• MACROECONOMICS