Which of the following is most likely to be studied in a macroeconomics course?
A) How a large automobile manufacturer decides how many SUVs to produce in a given model year
B) Factors that influence how customers are likely to react when a restaurant increases its prices
C) How a firm in an oligopolistic market would respond to a change in the pricing strategy of other firms in its market
D) Factors that influence a nation's unemployment rate

Question

Quizplus · Accepted Answer

Macroeconomics deals with the study of the economy as a whole, including factors such as national income, inflation, and unemployment. Therefore, studying factors that influence a nation's unemployment rate is most likely to be studied in a macroeconomics course. Choices A, B, and C, are more related to microeconomics, which deals with the study of individual choices and behavior of households and firms.

Which of the Following Is Most Likely to Be Studied