Which of the following is most likely a topic of discussion in macroeconomics?

• A. The decision-making process of an individual consumer
• B. How a single firm sets its prices
• C. The market for apples in a local grocery store
• D. The causes of unemployment in an entire country

Answer: (D)

Verified step by step guidance

1. Step 1: Understand the scope of macroeconomics, which deals with the economy as a whole, including aggregate indicators like GDP, unemployment, inflation, and overall economic growth.
2. Step 2: Recognize that topics focusing on individual consumers or single firms, such as their decision-making or pricing strategies, fall under microeconomics, which studies individual economic units.
3. Step 3: Identify that discussions about specific markets, like the market for apples in a local grocery store, are also microeconomic topics because they focus on a particular product or local market.
4. Step 4: Note that macroeconomics addresses broad economic issues affecting entire countries or large populations, such as the causes of unemployment, inflation rates, or fiscal policy impacts.
5. Step 5: Conclude that among the given options, the topic 'The causes of unemployment in an entire country' aligns with macroeconomics because it involves analyzing aggregate economic phenomena at the national level.