Which of the following is a macroeconomic question?
A) Should the government prevent the merger of two large firms?
B) Will a constitutional amendment to balance the federal budget lead to good economic policy?
C) Should a firm decide to enter a particular market?
D) All of the above are macroeconomic questions.

Question

Quizplus · Accepted Answer

Macroeconomics deals with the broader aspects of the economy as a whole, such as national income, inflation, and unemployment. Therefore, a constitutional amendment to balance the federal budget is a macroeconomic question as it can affect the overall economy. Option A is a microeconomic question as it pertains to the decision of two firms, while option C is also a microeconomic question as it pertains to a single firm's decision to enter a particular market.

Which of the Following Is a Macroeconomic Question