The goal of macroeconomics is:
A)to explain the workings of the stock market
B)to explain the changes in the overall economy that affect many households, firms and markets
C)to explain decision-making within the business environment
D)to eliminate the fluctuations in the business cycle

Question

Quizplus · Accepted Answer

Macroeconomics focuses on analyzing and understanding the overall economy, including factors such as inflation, unemployment, and economic growth, and how these factors affect multiple households, firms, and markets. It is not solely concerned with the stock market or decision-making within businesses, nor is it designed to eliminate fluctuations in the business cycle (which is generally viewed as a natural and unavoidable aspect of the economy).

The Goal of Macroeconomics Is