Which of the Following BEST Describes Macroeconomics

question 70

Multiple Choice

Which of the following BEST describes macroeconomics?

• A)It studies the choices that individuals and businesses make when coping with scarcity.
• B)Proving causation is never a problem for macroeconomics.
• C)It analyzes the aggregate effects on the national economy of the choices made by individuals, firms, and governments.
• D)It examines how the choices that individuals affect governments.
• E)It is not a social science because its predictions cannot be tested.

---

Definitions:

Structuralism

An approach in psychology that analyzes mental structures by breaking down mental processes into their basic components.

Introspection

A method of self-observation in which individuals examine their own thoughts and feelings.

Mind

The set of cognitive faculties that enables consciousness, perception, thinking, judgment, and memory.

Philosophy

The study of fundamental questions regarding existence, knowledge, values, reason, mind, and language.