Who would be more likely to study the inflation rate in the United States, a macroeconomist or a microeconomist?

Inflation Rate

The growth rate in the average cost of goods and services in an economy over a certain duration.

Macroeconomist

An economist specializing in the study of large-scale economic factors and phenomena, including inflation, unemployment, and national income.

Identify the differences between macroeconomics and microeconomics using practical world scenarios as illustrations.

Verified Answer

Final Answer :

macroeconomist

Learning Objectives

Identify the differences between macroeconomics and microeconomics using practical world scenarios as illustrations.