The study of the economy as a whole is called _____.
A) macroeconomics
B) federal economics
C) system economics
D) microeconomics

Question

Quizplus · Accepted Answer

Macroeconomics is the study of the economy as a whole, including topics such as inflation, unemployment, economic growth, and government policies that affect the economy. Federal economics and system economics are not commonly recognized terms in economics. Microeconomics, on the other hand, studies individual economic units such as households and firms, rather than the economy as a whole.

The Study of the Economy as a Whole Is Called