Macroeconomics is primarily concerned with which of the following?

Macroeconomics focuses on the overall functioning and performance of an economy as a whole, rather than the actions of individual consumers or businesses. It examines aggregate indicators such as GDP, unemployment rates, inflation, and national income. By analyzing these broad economic factors, macroeconomics seeks to understand how various sectors of the economy interact and the effects of government policies, global events, and economic trends on the economy at large.

In contrast to individual consumer behavior or pricing strategies of firms, which are typically the realm of microeconomics, the study of the economy as a whole encompasses all these individual elements and examines their collective impact on economic growth and stability. This holistic approach is crucial for formulating effective policies that can help manage economic fluctuations and promote overall economic health.