Which of the following would not be studied in macroeconomics? Select one:

a. The causes of the Great Depression.

b. The growth rate of the U. S. economy.

c. History of gasoline prices

d. The impact of government spending on the economy.

Question

Business

Marcus Francis

13 March, 23:59

Which of the following would not be studied in macroeconomics? Select one:

a. The causes of the Great Depression.

b. The growth rate of the U. S. economy.

c. History of gasoline prices

d. The impact of government spending on the economy.

+4

Answers (1)

Know the Answer?

Dorsey · Answer 1

Answer: Option C

Explanation: The branch of economics that studies the economy as whole is called macroeconomics. The subject matter of economics tries to understand and inter-relate factors such as inflation, interest rates, unemployment etc, as these factors impact the overall economy and not just a small portion of it.

Hence from the above, we can conclude that history of gasoline prices is not related to macroeconomics as it is only related to the petroleum industry.

Which of the following would not be studied in macroeconomics? Select one:a. The causes of the Great Depression.b. The growth rate of the U. S. economy.c. History of gasoline pricesd. The impact of government spending on the economy.

Which of the following would not be studied in macroeconomics? Select one:

a. The causes of the Great Depression.

b. The growth rate of the U. S. economy.

c. History of gasoline prices

d. The impact of government spending on the economy.