What is macroeconomics the study of?
A) the behaviour of large firms in the marketplace
B) the economic behaviour of individual decision makers
C) the behaviour of the economy as a whole
D) how to use the fewest natural resources to produce goods and services

Question

What is macroeconomics the study of?  
A) the behaviour of large firms in the marketplace 
B) the economic behaviour of individual decision makers 
C) the behaviour of the economy as a whole 
D) how to use the fewest natural resources to produce goods and services

Quizplus · Accepted Answer

Macroeconomics is the study of the economy as a whole, including issues related to inflation, unemployment, economic growth, and fiscal and monetary policy. Option A refers to microeconomics, which focuses on individual firms and industries. Option B is also microeconomics, as it deals with the behavior of individuals in the marketplace. Option D is more focused on environmental economics, which deals with the efficient use of natural resources to produce goods and services.

What Is Macroeconomics the Study Of