Question

Which examples would a student of macroeconomics study? Check all that apply.

A) the impact of competition on a bakery

B) the effects of a tax increase on the gross domestic product

C) the influence of economic challenges, such as inflation and unemployment

D) the effect of rising interest rates on the purchasing decisions of individuals

E) the result of a major government spending program on the national unemployment rate


Answers - B,C, & E

Answer 1

A student of macroeconomics would study the following:

B) the effects of a tax increase on the gross domestic product

C) the influence of economic challenges, such as inflation and unemployment

E) the result of a major government spending program on the national unemployment rate

Explanation:

Macroeconomics is a field of study in economics that analyses the behavior of the economy in a large scale. Phenomena such as: Gross Domestic Product, Government Investment, Trade Balances, Inflation, Deflation, unemployment among others are studied in this branch.