Promotion of employment and growth in the economy as a whole is the focus of:

Question

Quizplus · Accepted Answer

The promotion of employment and growth in the economy as a whole is the key focus of macroeconomics, which is concerned with the larger picture of the economy rather than individual markets or businesses. Fiscal policy and monetary policy are both tools used in macroeconomics to influence the economy, but they are not the main focus or goal. Microeconomics, on the other hand, is concerned with the behavior of individual consumers and firms, and is not directly focused on promoting employment and growth in the economy as a whole.

Promotion of Employment and Growth in the Economy as a Whole