Inflation is a concern of:

Question

Quizplus · Accepted Answer

Inflation is a macroeconomic phenomenon that deals with the overall price level in a country. It is a key concern of macroeconomics, which studies the economy on a broad scale, including such factors as national income, unemployment, and the overall performance of the economy. Microeconomics, on the other hand, focuses on individual markets, households, and firms, and is not directly concerned with inflation. Therefore, inflation is not a concern of microeconomics alone or both micro and macroeconomics.

Inflation Is a Concern Of