Macroeconomics is concerned primarily with
A)the economy as a whole.
B)the operation of a particular firm.
C)individual consumer behavior.
D)the labor market.
E)a detailed examination of how price and output decisions are made in specific markets.

Question

Quizplus · Accepted Answer

Macroeconomics focuses on the overall performance and behavior of the economy as a whole, including economic growth, inflation, unemployment, and international trade. It is concerned with the aggregate measures of output, income, and employment of an economy, rather than individual markets or firms.

Macroeconomics Is Concerned Primarily with