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What Is Macroeconomics in Simple Words?
What Is Macroeconomics in Simple Words?
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Solution
In simple words, macroeconomics is the branch of economics that deals with studying performance and behaviour of an economy as a whole. The focus of macroeconomics is on the aggregate changes in the economy such as growth rate, unemployment, inflation and gross domestic product.
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In simple words, macroeconomics is the branch of economics that deals with studying performance and behaviour of an economy as a whole. The focus of macroeconomics is on the aggregate changes in the economy such as growth rate, unemployment, inflation and gross domestic product.
Also see:
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