Question

What is the definition of macro-economics according to Gardner Ackley?

Answer 1

Answer:

Gardner Ackley defines, macro economics thus: "Macro economics itself with such variables as the aggregates volume of output of an economy, with the extent to which its resources are employed, with the size of national income, with the general price level".

Answer 2

Answer:

Explanation:

Gardner Ackley defines, macro economics thus: "Macro economics itself with such variables as the aggregates volume of output of an economy, with the extent to which its resources are employed, with the size of national income, with the general price level".