The branch of economics which studies the behavior of entire economies is called
A)public economics.
B)microeconomics.
C)macroeconomics.
D)normative economics.

Question

Quizplus · Accepted Answer

Macroeconomics is the branch of economics that studies the behavior of entire economies, including the economy-wide phenomena such as inflation, economic growth, and business cycles. Public economics studies the role of government in the economy, microeconomics studies the behavior of individual actors such as firms and consumers, and normative economics is a branch of economics that deals with value judgments and opinions on what ought to be, rather than what actually is.

The Branch of Economics Which Studies the Behavior of Entire