Macroeconomics: Introduction · Class 12 · CBSE · Commerce Economics
Which of the following is a macroeconomic question?
Practice question from Macroeconomics: Introduction (Class 12 · CBSE · Commerce Economics), with the correct answer and a step-by-step solution.
easy · MCQ · Q-B257BA
Which of the following is a macroeconomic question?
- A.How does a consumer decide how much of a good to buy?
- B.What determines the price of one firm's product?
- C.Why is the overall unemployment rate rising in an economy?Correct answer
- D.How does a firm choose the least-cost combination of inputs?
Solution
Macroeconomics studies the economy as a whole, including aggregate employment, unemployment, national income and the general price level. The other options concern individual consumers or firms and therefore belong to microeconomics.
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