Macroeconomics examines: A. the economy as a whole, such as how rapidly the economy grows. B. policy issues, such as how the government can influence the decisions of individual households. C. how individual firms make choices, such as how they decide what prices to charge. D. the economy as a whole, such as how much new machinery and equipment an individual firm decides to purchase. E. all of the above.

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Business

Augustus Mccormick

22 August, 00:43

Macroeconomics examines: A. the economy as a whole, such as how rapidly the economy grows. B. policy issues, such as how the government can influence the decisions of individual households. C. how individual firms make choices, such as how they decide what prices to charge. D. the economy as a whole, such as how much new machinery and equipment an individual firm decides to purchase. E. all of the above.

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Kaitlynn Blankenship · Answer 1

A. the economy as a whole, such as how rapidly the economy grows

Explanation:

Economic theory is divided into two broad areas: macroeconomics and microeconomics. Macroeconomics discusses large economic aggregates, such as income, inflation, and employment variations. This is the part of science that studies the evolution of the economy as a whole. It is an approach that aims to discuss these factors and bring about improvements through economic policies. In turn, microeconomics deals with micro factors, such as the behavior of consumers and companies, including in relation to competitive structures.