Question

Which of these would come under macroeconomics?

• A. The relationship between the increase in the price of a good and the quantity of the good purchased.
• B. Determination of the ideal quantity of goods to be produced by a firm to maximize profits.
• C. The policies to be adopted to improve the growth of a nation.
• D. The selection of the quantity of different items to be purchased by a household within a fixed budget to maximize utility.

Answer 1

The correct option is C

The policies to be adopted to improve the growth of a nation.

Macroeconomics is the study of economics at an aggregate or macro level i.e. the study of the economy as a whole.