Which of the following topics is a macroeconomic subject? A

Economics Jan 22, 2021

Which of the following topics is a macroeconomic subject?

A. the level of Christmas sales at a particular department store

B. the advertising strategy of a particular automobile firm

C. the unemployment rate of the United States economy as a whole

D. a proposed merger between two companies

Expert Solution

Answer: C

Macroeconomics studies how the overall economy works and thus the unemployment rate for the entire US economy is a macroeconomic subject. The other subjects listed are part of microeconomics as they focus on industry specific phenomenon.

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