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What is a macroeconomic?

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Anonymous

10y ago
Updated: 7/23/2022

"Macroeconomics" refers to the study of how national or regional economies allocate scarce resources. Seeing as this is one of the broadest topics in economics, there are a great many questions that deal with it. These can be questions that ask the difference between different indicators, questions that ask what the monetary policy would be in a given situation, or questions that deal with macroeconomic history. Here are a few sample questions: 1) What is the difference between RGDP and NGDP? 2) What is an example of expansionary fiscal policy? 3) What is one contribution of Keynes to modern fiscal policy? 4) Why is a production possibility curve usually bowed outward?

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Eula O'Hara

Lvl 10
3y ago

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