Macroeconomics is the study of ________.
A) the choices made by individuals in an economy
B) various political groups within an economy
C) economic aggregates and the economy as a whole
D) the statistical methods used in economics

Question

Quizplus · Accepted Answer

Macroeconomics is primarily concerned with studying the economy as a whole, including economic aggregates such as unemployment, inflation, and gross domestic product (GDP). It examines factors that affect the overall performance of the economy, such as government policies, business cycles, and international trade. It is different from microeconomics, which deals with individual economic agents and their decision-making behavior. Therefore, option C is the correct answer.

Macroeconomics Is the Study of ________