I am looking for a few examples for an essay. Thanks for the help.
2006-12-19 02:18:48 · 3 answers · asked by mustang_302_2v 2 in Education & Reference ➔ Homework Help
Macroeconomics is a sub-field of economics that examines the behavior of the economy as a whole, once all of the individual economic decisions of companies and industries have been summed. Economy-wide phenomena considered by macroeconomics include Gross Domestic Product (GDP) and how it is affected by changes in unemployment, national income, rate of growth, and price levels.
In contrast, microeconomics is the study of the economic behaviour and decision-making of individual consumers, firms, and industries.
Macroeconomics can be used to analyze how to influence government policy goals such as economic growth, price stability, full employment and the attainment of a sustainable balance of payments.
Macroeconomics is sometimes used to refer to a general approach to economic reasoning, which includes long term strategies and rational expectations in aggregate behavior.
The 4 Main macroeconomic objectives Governments aim to achieve are low and stable Inflation, sustained and stable Economic Growth, a balanced Balance of Payments and Low Unemployment
2006-12-19 02:27:54 · answer #1 · answered by Jonny 5 · 0⤊ 1⤋
Nominal wages increased by 3% and real wages decreased by 2%.
2016-03-29 00:14:24 · answer #2 · answered by ? 4 · 0⤊ 0⤋
do the research yourself. if you can ask us to help, then you d@mn sure can do it on your own.
Mom of B & D
2006-12-19 02:26:47 · answer #3 · answered by Mom of B & D 5 · 0⤊ 3⤋