alleryStart learning →Which branch of economics focuses on growth, inflation and unemployment for the overall economy?
AMicroeconomics
BWelfare economics
CPublic economics
DMacroeconomics
Answer & Solution
Correct answer: D. Macroeconomics
Macroeconomics deals with the overall level of economic activity, including growth, inflation and unemployment.
Keep practising Managerial Economics
Browse all Managerial Economics questions for CA Foundation, or explore more Business Economics topics.
Related questions
Consumers allocate their resources by choosing goods that maximize their happiness, takingWhich decision do firms make when allocating scarce resources?Walras described social wealth as things that are useful and available in what quantity?According to Samuelson, if infinite quantities of every good could be produced, which woulWhy can a nonscarce good not be contested over ownership?Goods that exist in superfluity, in quantities sufficient to satisfy all wants, are calledA scarce good has more quantity demanded than quantity supplied at which price?Relative abundance is the condition where available quantities of useful goods are what?