macroeconomics definition

  • noun:
    • the analysis regarding the total aspects and functions of a national economy, such as for example income, result, plus the interrelationship among diverse economic sectors.
    • the analysis of the entire economy with regards to the total amount of goods and services produced, total income made, the amount of work of effective sources, in addition to basic behavior of prices.
    • the branch of economics that researches the overall working of a national economic climate

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