Macroeconomics focuses on:
A) the major issues facing the national economy that do not affect individuals.
B) smaller economic units such as individual consumers, families, and individual businesses operating within an economy.
C) the major issues facing the national economy that may seem abstract but directly affect an individual's daytoday life.
D) the economics of private companies, while microeconomics focuses on dynamics involving the government.

Question

Macroeconomics focuses on:
A) the major issues facing the national economy that do not affect individuals.
B) smaller economic units such as individual consumers, families, and individual businesses operating within an economy.
C) the major issues facing the national economy that may seem abstract but directly affect an individual's day­to­day life.
D) the economics of private companies, while microeconomics focuses on dynamics involving the government.

Quizplus · Accepted Answer

Macroeconomics focuses on the major issues facing the national economy, such as inflation, unemployment, and economic growth, which may seem abstract but directly affect an individual's day-to-day life. This is different from microeconomics, which focuses on smaller economic units such as individual consumers, families, and businesses operating within an economy.

Macroeconomics Focuses On