Question

Try to find, why emergence of macroeconomics as a separate branch of economics? Explain it with a real life example. ​

Answer 1

Answer:

Macroeconomics is a branch of economics that studies how an overall economy—the market systems that operate on a large scale—behaves. Macroeconomics studies economy-wide phenomena such as inflation, price levels, rate of economic growth, national income, gross domestic product (GDP), and changes in unemployment.

Answer 2

Answer:

Explanation:

Macroeconomics deals with study of economy. We can notice rate of economics growth.

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