Macroeconomics studies :
(1 Point)
Aggregate demand of all goods and services
Aggregate supply
Total consumption of the country
All of the above
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All of the above is the correct answer
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All the above.
MACRO ECONOMICS:
is the study of the overall economic phenomena or the economy as a whole, rather than its individual parts. Accordingly, we study the behaviour of large economic aggregates, such as, overa levels of output, total consumption ,total savings & total investments & also how these aggregates shift over time.
Some areas which comes under Macro Economics are:
National Income & National Output
Balance of trade & Balance of payment
The general price level & interest rates
External value of currency
The level of employment & rate of economic growth
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