Which of the following is not a question that macroeconomist

Which of the following is not a question that macroeconomists address?

Why is average income high in some countries while it is low in others?

Why does the price of oil rise when war erupts in the Middle East?

Why do production and employment expand in some years and contract in others?

Why do prices rise rapidly in some periods of time while they are more stable in other periods?

Solution

Option B is correct.

Because Macroeconomists study the behavior and performance of an economy as a whole. They are more concerned about aggregate changes in the economy such as unemployment, growth rate, gross domestic product & inflation etc. Macroeconomists are concerned about economy wide phenomena. The price of oil rise when war erupts in the Middle East is a temporary change in an economy which doesn’t comes into macroeconomic issues.