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)i and iii
B)i,ii and iii
C)iii only
D)ii and iii
E)i and ii

Question

Quizplus · Accepted Answer

Macro economics deals with economy-wide phenomena such as economic growth, inflation, interest rates, and unemployment. Option i and ii relate to interest rates and tax rates, respectively, which are macroeconomic indicators. Option iii is a microeconomic topic as it relates to a firm's decision about production. Therefore, the best choice is E - i and ii.

Which of the Following Is a Macroeconomic Topic