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This Question: 1 pt 14 of 50 Macroeconomics is best defined by which of the following statements? O A. Macroeconomics is the study of how the prices of individual goods are determined. O B. Macroeconomics is the study of how firms attempt to maximize profits O C. Macroeconomics is the study of the behavior of the economy as a whole O D. Macroeconomics is the study of individual households.
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Ans ) Option (c) is the correct answer. Macroeconomic is study which take the whole economy in the account. The aggregate demand , aggregate supply , income of the economy all are taken in account in macroeconomic theory. The employment theory is also the example of macroeconomic. While as opposite microeconomic take individual choices in the account. For e.g : individual demand , individual supply, person income. Price theory is also the example of microeconomic.

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