Each of the following would be considered a macroeconomic topic except
A)the reasons for a decrease in the unemployment rate.
B)the cause of recessions.
C)the effect of the government budget deficit on inflation.
D)the determination of aggregate income.
E)the selection of production techniques.

Question

Quizplus · Accepted Answer

The selection of production techniques is a microeconomic topic as it deals with the decisions made by individual firms about how to produce goods and services. The other options deal with issues at the macroeconomic level such as overall unemployment rates, recessions, government budget deficits, and aggregate income.

Each of the Following Would Be Considered a Macroeconomic Topic