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What is the scope of macroeconomics?
What is the scope of macroeconomics?
The scope of macroeconomics is the study of the overall economy, including factors such as economic growth, inflation, unemployment, and government policies.
What are some key areas covered in macroeconomics?
What are some key areas covered in macroeconomics?
Some key areas covered in macroeconomics include national income, aggregate demand and supply, fiscal policy, monetary policy, and international trade.
Why is macroeconomics important?
Why is macroeconomics important?
Macroeconomics is important because it helps us understand and analyze the performance of the entire economy, make informed policy decisions, and predict and mitigate economic crises.
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