Which of the following topics are more likely to be studied by a macroeconomist than by a microeconomist?
A)the effect of taxes on the prices of airline tickets,and the profitability of automobile-manufacturing firms
B)the price of beef,and wage differences between genders
C)how consumers maximize utility,and how prices are established in markets for agricultural products
D)the percentage of the labor force that is out of work,and differences in average income from country to country

Question

Quizplus · Accepted Answer

Macroeconomists study the broader economic issues of an entire nation or global economy, such as unemployment rates and income differences between countries. These topics are more likely to be studied by macroeconomists than microeconomists, who focus more on individual markets and consumer behavior, as in choices A, B, and C.

Which of the Following Topics Are More Likely to Be