Macroeconomics deals with?
Correct answer: C. economics aggregates
- A. the behavior of the electronics industry
- B. the behavior of firms
- C. economics aggregates
- D. the activities of individual units
Explanation
Macroeconomics studies aggregates such as national income, total output, employment and the general price level. The behavior of individual firms or industries is primarily microeconomics.
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About Macroeconomics
The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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