Which of the following is defined as the
study of the aggregate economy studied
as a whole?
inde
O Mathematical economics
from
O
Econometrics
O Macroeconomics
O Microeconomics
Answers
Answer:
(3) The correct answer was: c. Macroeconomics.
Option C Macroeconomics
Economics is the branch of knowledge concerned with the production, consumption, and transfer of wealth or the condition of a region or group as regards material prosperity.
There are 2 Subsets of economics
Macroeconomics - Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on the aggregate changes in the economy such as unemployment, growth rate, gross domestic product and inflation.
Microeconomics - Microeconomics is the study of individuals, households and firms' behavior in decision making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues.
Therefore Option 3 is correct.
For more knowledge on macroeconomics, check the following
https://brainly.in/question/5474512?msp_srt_exp=4
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