points of macro economics and it's interface with business and industry
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Answer:
Macroeconomics is branch of economics that studies the economy phenomena by analysis of price, national Income, Growth levels, etc. .
Some of the macroeconomic variables are Price inflation, employment, Gross domestic product and unemployment rate.
Macroeconomics and its interface with business and industry
Employment: With increased unemployment caused by machines, the output is greater than demand and the national income is reduced.
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Price rate: When the price rate goes up it is called inflation. It results in decreased purchasing power. So the business and industry suffers.
Productivity: When there is more productivity it results in back log and decreased demand among people. Thus it affects the business development.