Question

What is macro economics and its Characteristics?​

Answer 1

It is concerned with the aggregate concepts such as National Income, National Output, National Employment, General level of Prices, Business cycle

Answer 2

the characteristics that describe a macro economy are usually referred to as the key macro economic variables. the following four variables are considered to be the most important in gauging the state or health of an economy: aggregate output or income, the unemployment rate, the inflation rate, and the interest rate.