Which of the following lies primarily within the realm of macroeconomics?
A) a study of the demand for gasoline
B) a study of how tax cuts stimulate aggregate production
C) an analysis of supply and demand conditions in the electricity market
D) a study of the impact of "mad cow" disease on the price of beef worldwide

Question

Quizplus · Accepted Answer

Macroeconomics focuses on the economy as a whole, including issues like aggregate production, inflation, unemployment, and economic growth. A study of how tax cuts stimulate aggregate production directly relates to these broad economic concerns, making it a macroeconomic topic.

Which of the Following Lies Primarily Within the Realm of Macroeconomics