Macroeconomists
A) hold total income constant.
B) spend much time analyzing how total income changes, and how changes in income cause changes inother modes of economic behavior.
C) don't worry much about how decision makers form their expectations.
D) assume that economic adjustment occurs first through prices that change to balance supply and demand.

Question

Quizplus · Accepted Answer

Macroeconomists focus on how total income changes and the effects of these changes on economic behavior, including how adjustments in the economy occur through various mechanisms, not just price changes.