Which of the following topics is a primary concern of macro economists?
A) standards of living of individuals
B) choices of individual consumers and firms
C) short-run growth models.
D) relative wages of skilled and unskilled workers
E) fluctuations in the level of aggregate economic activity

Question

Quizplus · Accepted Answer

Macroeconomists primarily study the fluctuations in the level of aggregate economic activity, such as changes in GDP, inflation, and unemployment rates, and try to identify the causes and consequences of these fluctuations. Standards of living, individual choices, short-run growth models, and relative wages are more often the focus of microeconomics.

Which of the Following Topics Is a Primary Concern of Macro