The television network newscaster reports that the national inflation rate the past year equaled 4 percent. This report would be of particular interest to a ____.
a. microeconomist.
b. normative economist.
c. macroeconomist.
d. Ceteris paribus.
e. social science economist.
Question 2
The branch of economics that focuses on economywide variables like inflation and unemployment is called:
a. macroeconomics. b. microeconomics.
c. free-market economics. d. aggregate economics.
