Question

Which of the following questions is an example of macroeconomics?
A. How much should our employees be paid to maximize profit?
B. If we adjust the price of our product will it sell better?
C. If federal taxes are decreased will consumer spending increase?
D. How can we optimize our company's supply chain?

Answer 1

Answer:

C. If federal taxes are decreased will consumer spending increase?

Explanation:

One keen question that falls under the domain of macroeconomics is the behavior of consumer spending when taxes are decreased.

• Macroeconomics presents approaches the study of the economy in a holistic way.
• Every aspect of the economy is considered before strategic economic decisions are taken.
• Interest rates, inflation, unemployment rate, foreign trade etc. are all categorized under macroeconomics.