The neoclassical synthesis is the idea that links microeconomics and macroeconomics. Which of the following best represents this idea?

Select one:

Microeconomics looks only at small choices made by decision-makers, while macroeconomics looks at big decisions.

Economics can be separated into microeconomics, which looks at the decisions of consumers and firms, and macroeconomics, which looks at the decisions of governments.

Economics can be separated into microeconomics, which looks at the economics of a single country, and macroeconomics, which considers how that country fits within the global economy.

Microeconomics involves the decisions of lots of consumers, businesses and government, and together they make up the aggregate economy, which is what macroeconomics studies.