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Macroeconomics primarily examines A
Macroeconomics primarily examines
A. the behavior of individual households and firms.
B. how prices are determined within individual markets.
C. broad issues such as national output, employment, and inflation.
D. the output levels that maximize the profits of business firms.
Expert Solution
The correct option is C. broad issues such as national output, employment, and inflation.
Explanation:
Macroeconomics does not make the theories on an individual response as it concentrates on the overall economic behavior under which economic agents affect a market's functioning.. It examines the issues that are used in a broader term such as money supply, inflation rate, national output level, and so on.
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