Which of the following would be a topic considered in the field of macroeconomics?
A)Studying the amazing recent growth of the Chinese economy.
B)Studying the movement of US manufacturing firms to China.
C)Studying the differences in wages between menand women in the United States.
D)Studying the effect of rent controls on the housing market in New York City.
E)Studying the impact of environmental regulations on the well-being of human populations.

Question

Quizplus · Accepted Answer

The growth of an entire economy is a topic of macroeconomics, which studies the overall performance and behavior of an economy as a whole, rather than individual markets or sectors.

Answer: B
 The movement of manufacturing firms from one country to another is related to the study of international economics, which is a subfield of macroeconomics.

Answer: D
 The effect of rent controls on a specific local housing market is more related to the study of microeconomics, which looks at individual markets and actors within an economy, rather than the overall economy as a whole.

Answer: E
 Environmental regulations and their impact on human populations may be studied by economists, but it falls mostly within the realm of environmental science or public health, and is therefore not considered a topic within macroeconomics.

Which of the Following Would Be a Topic Considered in the Field