Which of the following is a macroeconomic topic?
i. China increases interest rates to slow its economic growth.
ii. Parliament lowers tax rates to try to lower the unemployment rate.
iii. Nissan decides to produce more electric Leaf models and fewer Altima sedans.
A) ii and iii
B) i and iii
C) iii only
D) i and ii
E) i only

Question

Quizplus · Accepted Answer

Macroeconomics deals with economy-wide phenomena, such as changes in interest rates and unemployment rates. Both i (interest rate adjustments by a country) and ii (government tax policy to influence unemployment) are macroeconomic topics. iii (a company's production decision) is a microeconomic topic, focusing on individual or company-level decisions.

Which of the Following Is a Macroeconomic Topic