contestada

2. Which option is not studied in macroeconomics?

(A) The consequences of a higher interest rate

(B)The effects of a lower exchange rate

(C)The impacts of price changes in the market for smartphones

(D)The impacts of progressive taxation

Respuesta :

Answer:

C)The impacts of price changes in the market for smartphones

Explanation:

Macroeconomics is concerned with the decisions, performance, and behavior of the entire economy. It studies how a country allocates and distributes limited resources to different sectors of the economy. Macroeconomics analyses key economic indicators of unemployment, inflation, incomes, and the GDP growth rate.

The Government uses data from macroeconomic to formulate national economic strategies.  Price changes in the market for smartphones affect one sector but not the entire economy. Microeconomics is the branch that deals with decisions affecting single markets.