Which examples would a student of macroeconomics study? Check all that apply.the impact of competition on a bakerythe effects of a tax increase on the gross domestic productthe influence of economic challenges, such as inflation and unemploymentthe effect of rising interest rates on the purchasing decisions of individualsthe result of a major government spending program on the national unemployment rate

Macroeconomics studies the economy as a whole, including measures such as gross domestic product, inflation, and national unemployment. A tax increase’s effect on GDP, broad economic challenges like inflation and unemployment, and a government spending program’s effect on national unemployment are macroeconomic topics. Competition at one bakery and how individuals change their purchases are narrower, microeconomic topics.

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