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Q: What is a relative price in macroeconomics?
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In macroeconomics is the minimum wage a price floor?

Yes


What are the theory of macroeconomics?

Macroeconomics is concerned about overall performance of the economy.Deals with the economic behaviour of aggregates national income, output, overall price and unemployment.


What the goals of macroeconomics?

1. Economic growth 2. Price stability 3. High employment


What is short run under the Keynesian macroeconomics?

the demand for commodity x cab be described as completely price inelastic if :


What is relative price?

The price of one good in comparison with the price of other goods


What level does macroeconomics focus on?

Which level does macroeconomics focus on?


When was Journal of Macroeconomics created?

Journal of Macroeconomics was created in 1979.


What does the term macroeconomics refer?

Macroeconomics refers to the national economy.


How do you use macroeconomics in a sentence?

I don't think you can use Macroeconomics in a sentence.


The branch of economics that focuses on how human behavior affects all areas of the economy?

The branch of economics that focuses on how human behavior affects all areas of the economy is known as behavioral economics. Behavioral economics combines insights from psychology and economics to study how individuals make decisions and how these decisions impact economic outcomes.


What are the Methodological differences between microeconomics and macroeconomics?

difference in methodology for microeconomics and macroeconomics?


Does not describe macroeconomics?

Macroeconomics examines the consumer purchases of families and age groups.