Which of the following is a macroeconomic issue?
A) how a rise in the price of sugar affects the market for sodas
B) how federal government budget deficits affect interest rates
C) what determines the amount a firm will produce
D) the cause of a decline in the price of peanut butter

Question

Quizplus · Accepted Answer

Macroeconomic issues involve the economy as a whole rather than individual markets or firms. Federal government budget deficits affecting interest rates is a macroeconomic issue because it deals with government fiscal policy and its impact on the national economy's interest rates.

Which of the Following Is a Macroeconomic Issue