What is the definition of macroeconomics?
A) changes in resource availability in the marketplace
B) the economy as a whole through looking at aggregate data
C) the activities of individual companies and products
D) the supply and demand of individual households

Question

Quizplus · Accepted Answer

Macroeconomics focuses on the overall performance of the economy, including factors such as inflation, employment, gross domestic product, and national income. It looks at aggregate data rather than focusing on individual companies or households.

What Is the Definition of Macroeconomics