Macroeconomics is the study of
A)how households make choices.
B)how firms make choices.
C)how households and firms make choices.
D)the economy as a whole.

Question

Quizplus · Accepted Answer

Macroeconomics specifically focuses on studying the economy as a whole, including broad topics such as inflation, unemployment, economic growth, and government policies that affect the overall functioning of the economy. The study of how households and firms make choices would fall under microeconomics.

Macroeconomics Is the Study of