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3 September, 06:49

Macroeconomics is the study of a. individual decision makers. b. international trade. c. economy-wide phenomena. d. markets for large products.

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  1. 3 September, 08:05
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    Option (c) is correct.

    Explanation:

    Macroeconomics refers to the study of the behavior and performance of the economy as a whole. Macro economics takes into account the effect interest rates and a country's productivity.

    If mainly focuses on the gross domestic product of a nation, unemployment, inflation, growth rate, etc.

    Its main aim is to highlight the issues that are affecting the country's economy, individuals and companies.

    Components under macro economics:

    (1) Aggregate supply

    (2) Aggregate demand

    (3) Government spending

    (4) Inflation
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