Macroeconomics studies _____
A) the different costs associated with production.
B) the price and output decisions made by different industries.
C) the overall performance of the economy.
D) the role of a market in determining an efficient outcome.
E) the role of input suppliers in determining the price and quantity of output.

Question

Quizplus · Accepted Answer

Macroeconomics is focused on studying the overall performance of the economy, including factors such as GDP, inflation, employment, and trade. Options A, B, D, and E are more related to microeconomics, which focuses on individual markets, industries, and firms.

Macroeconomics Studies _____