Which of the following would be a topic emphasized in a macroeconomics course?
A)Factors that determine how fast a nation's economy is growing.
B)How a firm decides the price it will charge for one of its products.
C)How a consumer chooses which goods to buy.
D)The determinants of the wage rate for a certain type of labour.

Question

Quizplus · Accepted Answer

Macroeconomics focuses on the economy as a whole and deals with topics such as economic growth, inflation, unemployment, and government policies that affect the economy. Factors that determine how fast a nation's economy is growing would fall under the purview of macroeconomics. B, C, and D are topics that fall under microeconomics, which deals with the behavior of individual consumers, firms, and markets.

Which of the Following Would Be a Topic Emphasized in a Macroeconomics