Question

Explain the importance of macroeconomics

Answer 1

Answer:

it give a brief view of total cost in effective manner.

Explanation:

Micro economics helps in explaining how the prices of different commodities are determined.

Answer 2

Answer:

It describes how the economy as a whole functions and how the level of national income and employment is determined on the basis of aggregate demand and aggregate supply. 2. It helps to achieve the goal of economic growth, higher level of GDP and higher level of employment.

Explanation:

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