Economy, asked by bishtsakshi64, 2 months ago

what is an interdependence of microeconomics and macroeconomics

Answers

Answered by Anonymous
4

Explanation:

Dependence of microeconomics in macroeconomics

For example, price, rate of interest rate of profit, wages etc all are known as microeconomic topics. But all they depend upon macroeconomic behavior. Price, rate of interest, wage are determined by their demand and supply in country not by individual demand and supply.

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