Macroeconomics entails the study of the:
A) overall behavior of the economy.
B) individual decision makers.
C) market structures.
D) cost and production decisions by firms.

Question

Quizplus · Accepted Answer

Macroeconomics focuses on the overall behavior of the economy, such as measuring economic growth, inflation, and unemployment rates. It looks at the economy as a whole and how it performs, rather than analyzing the decisions of individual firms or consumers (microeconomics). Market structures and cost and production decisions by firms are topics that fall under microeconomics.

Macroeconomics Entails the Study of The