Which question is an illustration of a macroeconomic question?
A) Is a business unresponsive to the demands of consumers?
B) Is a consumer boycott an effective means of reducing product prices?
C) Is the level of employment in the economy sensitive to the level of consumer spending?
D) Are oil companies engaging in a rip-off of consumers by charging exorbitantly high prices for gasoline?

Question

Quizplus · Accepted Answer

The question about the relationship between consumer spending and employment in the economy relates to macroeconomics, which is concerned with the overall functioning and performance of the economy. The other questions relate more to microeconomics, which focuses on individual consumers, businesses, and markets.

Which Question Is an Illustration of a Macroeconomic Question