Macroeconomists differ from microeconomists because macroeconomists focus on the study of
A)inflation, unemployment, and GDP than in individual markets.
B)market prices than the cost of living.
C)inflation in the United States rather than inflation in Puerto Rico.
D)tariffs than global trade.

Question

Quizplus · Accepted Answer

Macroeconomists focus on broader economic phenomena such as inflation, unemployment, and GDP at a national or global level, while microeconomists focus on individual markets and how individual consumers and firms make decisions within those markets.

Macroeconomists Differ from Microeconomists Because Macroeconomists Focus on the Study