Which of the following would be a topic emphasized in a macroeconomics course?
A) Factors that determine how fast a nation's economy is growing.
B) How a firm decides the amount it will charge for one of its products.
C) How a consumer chooses which goods to buy.
D) The determinants of the wage rate for labor in the auto industry.

Question

Quizplus · Accepted Answer

Macroeconomics deals with the functioning and behavior of the entire economy or large sectors of it, rather than individual markets or firms. Factors that determine a nation's economic growth, such as GDP, inflation, and unemployment, are major topics in macroeconomics. B, C, and D are more related to microeconomics, which focuses on individual units such as households, firms, and markets.

Which of the Following Would Be a Topic Emphasized in a Macroeconomics