Question

Macroeconomics:

a.
studies the effects of management decisions made on the margin.
c.
studies the economy as a whole.
b.
studies the productivity of entrepreneurial decisions on a grand scale.
d.
is another name for microeconomics.


Please select the best answer from the choices provided

A
B
C
D

Answer 1

Answer :c. studies the economy as a whole.

Step-by-step explanation:

Macroeconomics focuses on the study of the entire economy, including factors such as inflation, unemployment, economic growth, and national income. It analyses aggregated indicators and the overall behaviour of the economic system, rather than individual markets or firms, which is the focus of microeconomics.