Macroeconomics approaches the study of economics from the viewpoint of
A) the entire economy.
B) governmental units.
C) the operation of specific product and resource markets.
D) individual firms.

Question

Quizplus · Accepted Answer

Macroeconomics is concerned with analyzing the behavior and performance of an economy as a whole. It examines aggregate economic indicators such as gross domestic product (GDP), inflation, unemployment, and national income. Therefore, the correct choice is A) the entire economy.

Macroeconomics Approaches the Study of Economics from the Viewpoint of