Question

uses or important of macroeconomics​

Answer 1

Answer:

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Answer 2

Macroeconomics is a branch or division of mainstream Economics,which basically examines the overall or entire economy in the light of the aggregate or overall changes in important economic variables such as National Income,Inflation,Aggregate Consumption,Aggregate Investment,Interest Rate and so forth.

Explanation:

Uses and Importance of Macroeconomics:-

• Macroeconomics basically deals with the evaluation and analysis of the entire economic system of any country.
• Macroeconomics hints at the trends and patterns of  various economic entities in the economy such as consumers,government,households,business organisations or firms etc. which can evidently be used as important tools for economic policy and decision makings in any country such as fiscal policies,monetary policies,trade policies and so forth.
• Macroeconomic analysis can also be useful to conduct any comparative study between the economic performance of various countries.It basically includes country based comparison between various macroeconomic components such as inflation,interest rate,unemployment rate,GDP growth rate,fiscal deficit and so on.
• Macroeconomics provides an overview of the current and predictive economic growth in the country by studying the present and future predictive patterns of a country's GDP or National Income as a whole.