Which of the following BEST describes macroeconomics? It analyzes the aggregate effects on the national economy of the choices made by individuals, firms, and governments. It studies the choices that individuals and businesses make when coping with scarcity It examines how the choices that individuals make affect governments

Macroeconomics: Principles and Policy (MindTap Course List)
13th Edition
ISBN:9781305280601
Author:William J. Baumol, Alan S. Blinder
Publisher:William J. Baumol, Alan S. Blinder
Chapter5: An Introduction To Macroeconomics
Section: Chapter Questions
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Which of the following BEST describes macroeconomics?
It analyzes the aggregate effects on the national economy of the choices made
by individuals, firms, and governments.
It studies the choices that individuals and businesses make when coping with
scarcity
O It examines how the choices that individuals make affect governments
Transcribed Image Text:Which of the following BEST describes macroeconomics? It analyzes the aggregate effects on the national economy of the choices made by individuals, firms, and governments. It studies the choices that individuals and businesses make when coping with scarcity O It examines how the choices that individuals make affect governments
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