Question

"macro economics is the study of the nature, relationship and behavior of aggregates and average of economic quantities" - who gave this definition​

Answer 1

Answer:

macro economics is the branch of economicsthat studies how an overall economy the market system that operates on a large scale behaves macro. economics study is economic wide phenomenon such as inflation , prince level, rate of economic growth , national income gross domestic product and changes in unemployment

Explanation:

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Answer 2

Economy is the study of the scarcity of resources with unlimited wanted and usage.

EXPLANATION-

Macro Economics - This branch of economics takes consideration of the topic of general factors or on large scale. It takes the Economy factor as a whole. All the problems and solutions are considered at the national level. The factors are studies are as National Income, Gross domestic product, National domestic product, etc.

Whereas, Micro Economics - This Economy has a narrow branch. The study of the single unit of the economy like an individual, group or company. It deals with domestic market problems.

Hence, macroeconomics is the study of the nature, relationship, and behavior of aggregates and average of economic quantities"

This statement was derived by the "Meyer."

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