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Macroeconomics is mostly focused on

Question:

Macroeconomics is mostly focused on

Branches of Economics

Economics is a science relating to the manufacture, allocation and consumption of goods. There are two main branches. These are microeconomics and macroeconomics.

Answer and Explanation:

Macroeconomics is mostly focused on the economy as a whole. Macroeconomists look at aggregate indicators such as price indices, Gross Domestic Product (GDP) and unemployment rates. They then analyze these metrics to get an understanding of the state of the economy. This is in contrast to microeconomics which is dedicated primarily to individual parts of the economy.


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Macroeconomics Lesson Plan
Macroeconomics Lesson Plan

from Business Lesson Plans

Chapter 1 / Lesson 10
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