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Rudik [331]
3 years ago
13

In what year did steady economic growth in South Africa come to an end?why did this occur

Social Studies
1 answer:
storchak [24]3 years ago
7 0
Around 1992 because the U.S. imported more from afrisa and exported so little to africa that there trade economy plummeted.

hope this helped gl
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Macroeconomics is a branch of economics that deals with aggregate economy as a whole. The focus of macroeconomics is primarily around  large economics issues such as inflation,Gross Domestic Product (GDP), foreign exchange, unemployment, e.t.c. On the other hand, microeconomics deals with economic decision making of individual and firms. Issue likes production, pricing and consumer budget are the focus.

Now with the question, Option A is wrong to be classified as macroeconomics issues because it points at family budgets which is not an issue of aggregate economy. Family budget is purely an issue of microeconomics.

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Option C is wrong as well because it deals with demand and supply related issue of price, which is an economic issue for firms, and not aggregate economy.

Option D is correct as a topic of macroeconomics because it is related to the aggregate economic issues of national output of the economy of United States.  Topics like output of the United States  will be discussed within the context of Gross Domestic Product (GDP), which is a macroeconomic issue.

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