Question

. Which of the following is not a question addressed by macroeconomists? a. Why is average income high in some nations but low in others? b. What, if anything, can the government do to promote growth in incomes, low inflation, and stable employment? c. What is the impact of foreign competition on the U.S. auto industry? d. Why do production and employment expand in some years and contract in others?

Answer 1

Answer: Point C is the answer.

Explanation: Macro economics look at the bigger picture based on national level policies and what effects them. Micro economics deals with individuals or industry specific questions. An example would be micro looks at a tree where macro looks at the forest.