Question

Intermediate Macroeconomics Macroeconomist are concerned about all of the following issues EXCEPT a. Price determination of...

Intermediate Macroeconomics

Macroeconomist are concerned about all of the following issues EXCEPT

a. Price determination of individual goods

b. Fiscal and Monetary policy

c. Economic Growth and Business Cycles

d. Inflation and Unemployment

Homework Answers

Answer #1

Ans: Price determination of individual goods

Explanation:

Macroeconomics, is the study of a economy as a whole. It deals with economic variables in aggregates, such as, Fiscal and Monetary policy, Economic Growth and Business Cycles, Inflation and Unemployment.

Micro economics is the study of economics at an individual or company level.

Option b, c, & d are coming under macroeconomics

Option a deals with microeconomics.

Thus, option [a] is correct answer.

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