The branch of economics that studies the performance of the national economy and the global economy is
A)macroeconomics.
B)microeconomics.
C)Keynesian economics.
D)positive economics.
E)normative economics.

Question

Quizplus · Accepted Answer

Macroeconomics is the branch of economics that studies the performance of the national economy and the global economy, including topics such as inflation, unemployment, gross domestic product (GDP), and international trade. Microeconomics, on the other hand, focuses on individual consumers and businesses and their decision-making processes. Keynesian economics is a school of thought within macroeconomics that emphasizes government intervention to stabilize the economy. Positive economics is the study of what is, while normative economics is the study of what ought to be.

The Branch of Economics That Studies the Performance of the National