Macroeconomics analyzes choices that individuals in households, individual businesses, and governments make, and how those choices interact in markets.

Question

Quizplus · Accepted Answer

Macroeconomics focuses on the behavior of the economy as a whole, including issues like inflation, unemployment, and economic growth, rather than individual choices and interactions in markets, which are the focus of microeconomics.

Macroeconomics Analyzes Choices That Individuals in Households, Individual Businesses, and Governments