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Define the term macroeconomics. A. the study of large-scale economic phenomena B. combined economics C. the study of small scale economics D. the study of all economies

User JSimonsen
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2 Answers

3 votes

Answer:

D

Step-by-step explanation:

User Wardell
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Answer:

the most suitable definition is A. the study of large-scale economic phenomena

Step-by-step explanation:

Macro economic emergeda as a seperate study field in th elate 1930's with the work of renowned british economist John Meynard Kaynes. The discipline primarily focuses on nation wide phenomena such as unemployment, GDP, foreign exchange, purchasing power, interest rates, etc.

User Marko Rochevski
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