What Does Macroeconomics Focus On

question 146

Multiple Choice

What does macroeconomics focus on?

• A)the minor issues facing the national economy
• B)the role of government, while microeconomics focuses on the private sector
• C)the small individual units operating within the economy
• D)the major issues facing the national economy

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Definitions:

Independent Events

Events in probability where the outcome of one event does not affect the outcome of another.

Driving Test

An examination that assesses a person's ability to operate and maneuver a vehicle safely and according to the laws of the road.

Probability

The measure of the likelihood that an event will occur; expressed as a number between 0 and 1.

Random

Lacking any definite plan or order or purpose; governed by or depending on chance.