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    Macro economy

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    Briefly explain the following question.

    What is the basic concept of the "Macro Economy"?

    © BrainMass Inc. brainmass.com October 9, 2019, 5:31 pm ad1c9bdddf
    https://brainmass.com/economics/economic-growth/macro-economy-purposes-59702

    Solution Preview

    Macro economy analyzes the changes and developments in the national economy as a whole. In other words it considers the sum of all individual decisions of consumers, companies and industries in an economy. It does not deal with one company or organization. Because this is the area of Micro Economics. For example Gross domestic product ...

    Solution Summary

    Macro economy purposes are noted. The basic concepts of Macro economy is examined.

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