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What is focus of macroeconomics?

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Anonymous

9y ago
Updated: 1/12/2022

The focus of macroeconomics is the income theory based on the balance of demand which takes into account consumer, business, government, with the supply of goods, stimulated by the encouragement of private expenditure and government deficit spending. This area of Economics was conceived in 1935 by English economist John Maynard Keynes.
Macroeconomics is concentrates on trends in the entire economy as a whole

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Charley Lowe

Lvl 10
3y ago

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