Question

Macroeconomics is an aggregate of what happens at the microeconomic level. Would it be possible for what happens at the macro level to differ from how economic agents would react to some stimulus at the micro-level? Hint: Think about the behavior of crowds

Short answer

Yes, that's a possibility. It's possible that the economy is doing well on a microeconomic level but not so well on a macroeconomic level.

Step-by-step solution

Definition

Macroeconomic Effects:

Aggregate data are used to study macroeconomics. We can look at the aggregate supply and aggregate demand numbers, for example. These figures are derived from macroeconomic data

Explanation

Yes, that is conceivable. It's possible that the economy is performing well on a microeconomic level yet failing at the macro one. Aid programs to other countries are one example. Individually, people profit from money supplied from wealthier countries (for example, people getting fed), but macroeconomically, they fail since the assistance recipient (the country) is not growing at a large rate (more than normal).