Macroeconomics studies the determination of
A) total output,total employment,the general price level,and the general level of interest rates
B) total output and the general level of interest rates only
C) total employment and the general level of prices only
D) the interaction of individual economic actors in specific markets and industries
E) the levels of employment and prices in specific markets and industries

Question

Quizplus · Accepted Answer

Macroeconomics is concerned with studying the behavior and performance of the economy as a whole. It includes analyzing the determinants of total output (GDP), total employment, the general price level (inflation), and the general level of interest rates. Therefore, option A is the best choice.

Macroeconomics Studies the Determination of