Question

Macroeconomics focuses primarily on __________.

• A. unemployment, inflation, economic growth, and other aggregate economic phenomena
• B. pricing of essential commodities
• C. changing in consumer preference
• D. consumer purchasing patterns

Answer 1

The correct option is A unemployment, inflation, economic growth, and other aggregate economic phenomena

The term ‘Macro’ means large. So Macroeconomics is that part of economics which studies the economic problems and issue that are on a large scale. It studies about the performance of the economy as a whole and not of any individual firm or business. It focuses on the study of problems like inflation, unemployment, poverty, etc.