When Janet Yellen, Chair of the Federal Reserve, addresses Congress regarding the United States role in the world economy, she is discussing
A) a macroeconomic topic.
B) a microeconomic topic.
C) scarcity.
D) incentives.

Question

Quizplus · Accepted Answer

Janet Yellen discussing the United States' role in the world economy addresses broad economic issues that affect the country as a whole and its interactions with other nations, which is a macroeconomic topic. Macroeconomics deals with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.

When Janet Yellen, Chair of the Federal Reserve, Addresses Congress