Question

question 12 (mandatory) (3.0303 points)
which of the following is considered a macroeconomic question?

a) what is the impact of competition on the profits of apple, the maker of iphones?

b) how can economic policy increase a nations gross domestic product?

c) how does a family allocate income among different types of goods and services?

d) how to reduce costs in the healthcare industry?

e) what factors determine the wage rate in the steel industry?

Explanation:

Macroeconomics focuses on the overall economy of a nation, including topics like GDP and national economic policies. Options a, c, d, e focus on individual firms, households, or specific industries, which are microeconomic topics. Only option b addresses a national-level economic issue.

Answer:

b) How can economic policy increase a nation's gross domestic product?