Question

Fill in the blanks questions and answers on introduction to macro economics

Answer 1

Answer:

While microeconomics is concerned primarily with the decisions made by an individual within the usual economic constraints of scarcity, macroeconomics (Greek makro = 'big) is the field of study that is concerned with the indicators that reflect the performance of the broader economy- gross domestic product, inflation.

Answer 2

While microeconomics is concerned primarily with the decisions made by an individual within the usual economic constraints of scarcity, macroeconomics (Greek makro = 'big) is the field of study that is concerned with the indicators that reflect the performance of the broader economy- gross domestic product, inflanation