ECONOMICS
FISCAL POLICY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
microeconomics
|
|
|
macroeconomics
|
|
|
Keynesian economics
|
|
|
None of the above
|
Detailed explanation-1: -Economists also look at two realms. There is big-picture macroeconomics, which is concerned with how the overall economy works. It studies such things as employment, gross domestic product, and inflation-the stuff of news stories and government policy debates.
Detailed explanation-2: -The two branches of economics are microeconomics and macroeconomics.
Detailed explanation-3: -Macroeconomics is the study of whole economies–the part of economics concerned with large-scale or general economic factors and how they interact in economies.
Detailed explanation-4: -Definition: Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on the aggregate changes in the economy such as unemployment, growth rate, gross domestic product and inflation.