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- How does a person’s interpretation of macroeconomic history affect his view of macroeconomic policy?Which of the following is not related to Macroeconomics? a. Determining individual consumer decisions b. Preventing the economy from experiencing inflation c. Preventing the economy from experiencing unemployment d. Keeping living standards high for people to live decent, meaningful livesWhat new developments starting in the 1980's have changed macroeconomic thought?
- Write the definition of Macroeconomics with example? Describe the concept of aggregate demand and aggregate supply? In macroeconomy how and where we will get the equilibrium level with the help of aggregate demand and aggregate supply?What are some examples of macroeconomics queation?How are data, theory and policy used in Macroeconomics to analyze, explain and develop strategies to improve macroeconomic performance?
- The purpose is to know if you can define each concept through a clear and precise explanation. Imagine that you are going to explain each term to someone who does not know anything about macroeconomics; With this in mind, the explanation should be as clear and simple as possible (not brief). Write a minimum of three sentences per term.1. capital market2. capital injection3. financial systemDescribe scope of MacroeconomicsIdentify the questions that are answered by Macroeconomics from the following. a. All of the options b. What is the nation’s rate of unemployment c. What is the nation’s rate of inflation d. What is the nation’s level of GDP