Which of these activities would most likely fall under the responsibilities of a macroeconomist?
A) whether the availability of e-books is affecting the sales of traditional printed books
B) how a winning season by a professional sports team affects ticket prices
C) studying economic indicators such as the consumer price index
D) the effect of coupons on consumers' buying behavior
E) how a local business allocates its funds to various departments

Question

Quizplus · Accepted Answer

Macroeconomists focus on broad economic factors and indicators that affect the economy as a whole, such as inflation rates, GDP, unemployment rates, and the consumer price index (CPI). Therefore, studying economic indicators like the CPI falls directly under the responsibilities of a macroeconomist.

Which of These Activities Would Most Likely Fall Under the Responsibilities