Macroeconomics is the study of:
A) the behavior of large firms in a market.
B) the profit-maximizing behavior of producers.
C) the behavior of the economy as a whole.
D) how to use the least amount of natural resources to produce goods and services.
E) utility-maximization by consumers.

Question

Quizplus · Accepted Answer

Macroeconomics is concerned with the behavior and performance of the economy as a whole, including topics such as inflation, unemployment, economic growth, and government policies that affect the overall economy. It is distinct from microeconomics, which focuses on the behavior of individual consumers, firms, and markets.

Macroeconomics Is the Study Of