Macroeconomics is best described as the study of:
A) the relationship between inflation and wage inequality.
B) the nation's economy as a whole.
C) the choices made by individual households, firms, and governments.
D) very large issues.

Question

Quizplus · Accepted Answer

Macroeconomics focuses on the overall performance and behavior of an economy, including indicators such as GDP, inflation, unemployment rates, and fiscal policy. It aims to understand and analyze the economy as a whole, rather than individual choices made by households, firms, and governments.

Macroeconomics Is Best Described as the Study Of