Question

Define Macro variables

Answer 1

Most economists agree that changes in the money supply affect importantmacroeconomic variables, including national output, employment, interest rates, inflation, stock prices, and the exchange rate. In almost all countries, monetary policy is implemented by a government institution called the central bank.

Answer 2

Answer:

Macroeconomic variables are linked to the economic aggregates such as a country, a region, a country's population, and all the companies in a country. For instance, a country's aggregate production is formed by producing all of its businesses, families, individuals, and public sector.

The key macroeconomic variables are -

• Balance of payments - The balance of payments is the difference between a country's total amount of goods exporting and a country's total amount of goods importing.
• Inflation - Inflation is the level that has raised the cost of goods and services in the economy over a given period of time.