explain the scope of macroeconomics
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- macroeconomics is income and employment, inflation, money supply,price level, investment and economic growth and development.
- ,, Macroeconomics is concerned with the behaviour of the economy as a whole.
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Macroeconomics is concerned with the behaviour of the economy as a whole. It is the study of aggregates and averages of the entire economy. 2. The subject matter ofmacroeconomics is income and employment, inflation, money supply,price level, investment and economic growth and development.
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