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Macroeconomics are used in a large number of applications. From forecasting the effects that a lowered interest rate will have on the bond market, to the net effects that a higher unemployment rate will have on a nation's GDP, the uses are varied. It is through macroeconomics forecasting that the Federal Reserve of the United States determines their lending rates to the member banks, which in turn affects the loan interest that is offered to borrowers.

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Q: What are the uses of macroeconomics?
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