Macroeconomics might study which of the following?
A) the causes of domestic unemployment
B) decision making undertaken by firms
C) decision making undertaken by households
D) determinants of the prices of rare goods (e.g., diamonds)

Question

Quizplus · Accepted Answer

Macroeconomics deals with the overall performance of the economy, including factors like national income, output, employment, inflation, and so on. Therefore, the causes of domestic unemployment falls under the purview of macroeconomics. Option B and C are microeconomic concepts, while option D deals with the determinants of specific product prices, which is also a microeconomic topic.

Macroeconomics Might Study Which of the Following