Question on: JAMB Economics - 2023
Macroeconomics focuses on the following units in an aggregative manner
A
household, firms, government, corporate sector and external sector
B
individual consumers, individual firms, government and external sector
C
government, household firms, individual consumers and external sector
D
individual consumers, household firms and manufacturing sector
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Correct Option: A
Macroeconomics focuses on the following units in an aggregative manner: household, firms, government, corporate sector, and external sector.
Macroeconomics looks at the overall performance and behaviour of the entire economy by examining aggregate variables such as GDP, unemployment rate, inflation rate, and overall economic output.
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