An example of a topic outside the scope of macroeconomics is
A)changes in the price of a particular good in a specific market.
B)changes in the unemployment rate.
C)the aggregate growth rate of the economy.
D)the overall level of unemployment.
E)the level of productivity,as compared with that in the United States.

Question

Quizplus · Accepted Answer

Changes in the price of a particular good in a specific market is a microeconomic topic, as it focuses on individual markets and not the overall economy. The other options all relate to macroeconomics, as they pertain to the economy as a whole rather than specific markets.

An Example of a Topic Outside the Scope of Macroeconomics