Label each entry in the list as dealing with a microeconomic topic or a macroeconomic topic. Macroeconomic | Motor vehicle production in China is growing by 10 percent a year. Microeconomic Coffee prices rocket. Macroeconomic Globalization has reduced African poverty. Macroeconomic The government must cut its budget deficit. Microeconomic Apple sells 20 million iPhone 6 a month. Click to select your answer(s). Save for Later6.4.5 A chemical solution contains A molecules of type A and an equal number of molecules of type B. A reversible reaction occurs between type A and B Continuous Time Markov Chains 315 molecules in which they bond to form a new compound AB. Suppose that in any small time interval of length h, any particular unbonded A molecule will react with any particular unbonded B molecule with probability ah + o(h), where or is a reaction rate of formation. Suppose also that in any small time interval of length h, any particular AB molecule disassociates into its A and B constituents with probability Bh + o(h), where B is a reaction rate of dissolution. Let X(t) denote the number of AB molecules at time r. Model X(t) as a birth and death process by specifying the parameters.In your own words, define multivariate analysis. Name the most important factors contributing to the increased application of techniques for multivariate data analysis in the last decade. List and describe the multivariate data analysis techniques described in this chapter. Cite examples for which each technique is appropriate. Explain why and how the various multivariate methods can be viewed as a family of techniques