Which topic is a macroeconomic topic?
A) the study of the business cycle
B) price of a pair of Nike shoes
C) total sales for General Electric in 2009
D) labor market for computer analysts

Question

Quizplus · Accepted Answer

The study of the business cycle is a macroeconomic topic because it is concerned with the overall performance of the economy, including measures such as GDP, inflation, and unemployment. Prices of individual products (B) and total sales for a specific company (C) are microeconomic topics, as they are more focused on individual firms and their success in the market. The labor market for computer analysts (D) is also a microeconomic topic, as it pertains to a specific occupation and the supply and demand for labor in that field.

Which Topic Is a Macroeconomic Topic