The branch of economics that focuses on outcomes in highly aggregated markets, such as the markets for labor or consumer products, is called:
A)macroeconomics.
B)Marxian economics.
C)positive economics.
D)normative economics.
E)microeconomics.

Question

Quizplus · Accepted Answer

Macroeconomics deals with the functioning and performance of the economy as a whole, particularly focusing on variables such as inflation, employment, gross domestic product, and growth. The other choices may not necessarily focus on highly aggregated markets or the functioning of the economy as a whole.

The Branch of Economics That Focuses on Outcomes in Highly