Macroeconomics deals with:
A)bits and pieces of the economy.
B)how a business unit should operate profitably.
C)the working of the entire economy or large sectors of it.
D)how individuals make decisions.

Question

Quizplus · Accepted Answer

Macroeconomics is concerned with the study of the entire economy or large sectors of it, such as inflation, unemployment, economic growth, and government policies that affect the overall functioning of the economy. It goes beyond the individual level and focuses on aggregate phenomena. Choice A is incorrect because macroeconomics does not deal with bits and pieces of the economy, but rather takes a broader view. Choice B is incorrect because microeconomics is concerned with how a business unit should operate profitably, not macroeconomics. Choice D is incorrect because microeconomics deals with how individuals make decisions, not macroeconomics.

Macroeconomics Deals With