Macroeconomics
A) studies the behavior of individual consumers, firms and markets.
B) involves the interaction between different countries in specific markets.
C) studies the behavior of the economy as a whole.
D) deals with both individual decisions and the sum of those individual decisions.

Question

Quizplus · Accepted Answer

Macroeconomics is concerned with studying the behavior of the entire economy as a whole, including topics such as inflation, unemployment, and economic growth. It analyzes economic aggregates such as total output, income, and consumption, and seeks to understand the interrelationships between different sectors and markets of the economy. While individual decisions may be a factor in macroeconomic analysis, the focus is on the economy-wide implications of those decisions.