ECONOMICS
SCARCITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Microeconomics
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Finance Economics
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Macroeconomics
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Business Economics
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Freakonomics
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Detailed explanation-1: -Definition: Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on the aggregate changes in the economy such as unemployment, growth rate, gross domestic product and inflation.
Detailed explanation-2: -There is big-picture macroeconomics, which is concerned with how the overall economy works. It studies such things as employment, gross domestic product, and inflation-the stuff of news stories and government policy debates.
Detailed explanation-3: -Macroeconomics is the study of whole economies–the part of economics concerned with large-scale or general economic factors and how they interact in economies.
Detailed explanation-4: -One of macroeconomics’ key research areas involves economic growth, which refers to an increase in aggregate production in an economy.
Detailed explanation-5: -Fiscal policy. Monetary Policy. Supply side policies.