Question

Macroeconomics is

A. the study of the economy as a​ whole, including topics such as​ inflation, unemployment, and economic growth.
B. the study of how households and firms make​ choices, how they interact in​ markets, and how the government attempts to influence their choices.
C. the study of​ "large" (greater than​ $100,000) economic transactions in the economy.
D. the study of firms as a group with special emphasis on how these firms interact with one another.

Answer 1

The correct answer is option A.

Step-by-step explanation:

Macroeconomics can be defined as the branch of economics which studies the economy as a whole. It is directly in contrast to microeconomics which studies individual economic agents such as cost conditions of a single firm, or supply from a single market or a demand curve of a consumer.

Unlike microeconomics, the study of macroeconomics involves variables such as inflation, unemployment, economic growth, business cycles, etc. It is concerned with large scale economic factors.