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2. People/Countries always make decisions with some desired ______ mind. What part of economics that measures...

2. People/Countries always make decisions with some desired ______ mind.

What part of economics that measures total output, total employment, income, and aggregate expenditures?

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Answer #1

2. Outcome

People make decisions with some desired outcome in mind. This is called rational self-interest.

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Macro economics

Macro economics is the study of economy as a whole. Macro means large. It is said to be the study of aggregates.

Example: Total output, total employment, aggregate expenditures.

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