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Answer :
Final answer:
An individual being laid off is a microeconomic issue, while a rise in a country's unemployment rate is a macroeconomic issue. Therefore the correct option is D. microeconomics; macroeconomics.
Explanation:
If an individual is laid off from their job, it is considered a microeconomic issue because it deals with individual circumstances and behaviors within a given economy. On the other hand, when the unemployment rate for the country goes up, it is considered a macroeconomic issue.
This is because it affects the entire economy at a large scale, looking at national trends and the overall health of the country's economic system. If many workers are laid off, it reflects the economic and social structures in place, not just the personal situations of the affected individuals.
Therefore, the correct answer is D. microeconomics; macroeconomics.
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