Answer:
a) True
Explanation:
The answer is a) True.
Macroeconomics examines the functioning, structure, and behavior of an economy as a whole. It considers aggregate indicators such as GDP, national income, unemployment, and inflation. Understanding the elements of economic growth, such as productivity, capital accumulation, labor force expansion, and technological innovation, is one of the main focuses of macroeconomics.
Example:
Imagine a government figuring out how to raise the GDP (Gross Domestic Product) of the nation. The government may look at measures to promote innovation, increase education spending, or increase infrastructure investment—all macroeconomic variables that have the potential to boost economic growth. Investing in infrastructure, for example, may lower transportation costs and increase efficiency, which would raise productivity and boost economic growth.