What is the ultimate objective of macroeconomics?
Question:
What is the ultimate objective of macroeconomics?
Economics:
Economics is the study that includes values of creation, using, and delivery of products or services in an economy of the country. It consists of the behavior of buyers which influences the market forces that is market demand and market supply in an economy, how to determine national income, how an economy operates in a country, insufficiency of resources, etc. Economics is of two kinds that are microeconomics that studies economics at a small level which leads as an individual and macroeconomics that studies economics at a large level which leads as a whole.
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View this answerMacroeconomics is the study of the economy as a system that includes creation, using, preserving, financing, and the factors which directly affect it....
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Chapter 3 / Lesson 1Economics involves allocating resources to meet peoples' needs and desires for goods and services. Explore the definition and types of economics including microeconomics and macroeconomics and learn about growth vs. sustainability.