Which of the following questions is addressed primarily by macroeconomics?
a. The allocation of scarce satellite orbit slots.
b. Decisions made by a manufacturer of a particular good.
c. Policies to control the inflation rate.
d. A consumer's decision to buy more clothing and less food.
Question 2
The expenditure approach to measuring GDP involves adding up the purchases of final goods and services by market participants.
a. True
b. False
Indicate whether the statement is true or false
