Question

In: Economics

The study of global businesses such as Apple Inc is one major focus of macroeconomic analysis....

The study of global businesses such as Apple Inc is one major focus of macroeconomic analysis.

True or false

Solutions

Expert Solution

False.

A macroeconomic factor is an influential fiscal, natural, or geopolitical event that broadly affects a regional or national economy. Macroeconomic factors tend to impact wide swaths of populations, rather than just a few select individuals. Examples of macroeconomic factors include economic outputs, unemployment rates, and inflation. These indicators of economic performance are closely monitored by governments, businesses and consumers alike.

On the other hand microeconomic analysis relate to study to individual agents, such as consumers and businesses, and their respective economic behaviors and decision-making patterns.  

Apple Inc is mainly into consumer electronics industry, computer hardware and software. Now if study the impact of all firms operating in consumer electronics industry , on the consumption, employment, investment in economy as a whole, then it will be considered as Macroeconomic Analysis.


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