Macroeconomics:
A)is narrower in scope than microeconomics.
B)analyzes mergers and acquisitions between firms.
C)is concerned with the expansion and contraction of the overall economy.
D)is concerned with the expansion of a small sole proprietorship into a large corporation.
E)is primarily concerned with the decisions of individual households.

Question

Quizplus · Accepted Answer

Macroeconomics is concerned with the overall performance of the economy, including issues such as inflation, unemployment, and economic growth. It is broader in scope than microeconomics, which examines the behavior of individuals and firms in specific markets. Macroeconomics is not primarily concerned with mergers and acquisitions or the growth of individual firms.