Which of the following would be studied in the greatest detail in a macroeconomics course?
A) how a firm in an oligopolistic market would respond to a change in the pricing strategy of other firms in its market
B) how various factors influence the nation's unemployment rate
C) how a large automobile manufacturer decides how many SUVs to produce in a given model year
D) how consumers would respond if a restaurant raised its prices

Question

Quizplus · Accepted Answer

Macroeconomics focuses on the overall workings of the economy, including factors that influence the nation's unemployment rate. The other options are more related to microeconomics, which focuses on individual firms and consumer behavior.

Which of the Following Would Be Studied in the Greatest