Macroeconomics is best suited to answering questions such as
A) what determines the unemployment rate among students on this campus
B) why rent is higher in big cities than in smaller ones
C) how fast the overall price level will rise next year
D) what determines the demand for public transportation in rural areas
E) why sales taxes in this area are increasing

Question

Quizplus · Accepted Answer

Macroeconomics deals with the study of the economy as a whole, including the overall price level, inflation, and economic growth. Answer C pertains to the overall price level, which is a topic within macroeconomics.

Answer: B
 Macroeconomics also deals with topics such as regional economic development, income inequality, and economic geography. Answer B pertains to how rent varies across different cities, which is a topic within economic geography.

Macroeconomics Is Best Suited to Answering Questions Such as