Question

Macroeconomics studies :

(1 Point)

Aggregate demand of all goods and services

Aggregate supply

Total consumption of the country

All of the above

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Answer 1

All the above.

MACRO ECONOMICS:

is the study of the overall economic phenomena or the economy as a whole, rather than its individual parts. Accordingly, we study the behaviour of large economic aggregates, such as, overa levels of output, total consumption ,total savings & total investments & also how these aggregates shift over time.

Some areas which comes under Macro Economics are:

• National Income & National Output
• Balance of trade & Balance of payment
• The general price level & interest rates
• External value of currency
• The level of employment & rate of economic growth

thanks!