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Macroeconomics looks into which of the following?

A. only the imported goods and services of a nation

B. only the exported goods and services of a nation

C. all goods and services that are in demand

D. The supply of an individual product on the market ​

1 Answer

3 votes

Answer:

C. all goods and services that are in demand

Step-by-step explanation:

Macroeconomics, as a branch of economics, is concerned with the performance of the economy as a whole. Macroeconomics studies the key economic indicators such as unemployment rate, growth rate, aggregate demand, inflation, and price levels. The government uses data form macroeconomic analysis to formulate policies and strategies for the country.

While microeconomics will be concerned with the income and expenditures of individuals and households, Macroeconomic will consider the consumption and revenues of the entire population. Microeconomics studies the demand for a single product. Macroeconomics focuses on the aggregate demand for products and services in a country, which is more like the GDP.

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