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Q: How can macroeconomics policies improve the current south African economy?
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What is the difference between economic development and macroeconomics?

Macroeconomics is the study of the economy as a whole (as opposed to Microeconomics where the focus is on individual households and individual firms.) Monetary policies are one of the macroeconomic policies using interest rate and money supply to try to control the demand in an economy.


What does the term macroeconomics refer?

Macroeconomics refers to the national economy.


Distinguish between Microeconomics and Macroeconomics?

Microeconomics means to study the individual economy while in macroeconomics we study the aggregate economy.


What is the part of speech for macroeconomics?

The word macroeconomics is a noun. It is the study of the entire economy.


What is the comparison of macroeconomics and macroeconomics?

The comparison of macroeconomics and macroeconomics is that, it looks at the economy as a whole by considering the aggregates such as; GDP, depression, international trade and un employment problem among others. Macroeconomics differs from Microeconomics in that it looks at the economy as a whole while micro considers a single unit of the economy. for example, household income, business firm and other sectors like agriculture.


Does Macroeconomics addresses the economy as a whole?

yes


Does macroeconomics look at the whole economy?

Yes.


This is the study of all aspects of the economy?

macroeconomics


What is the difference between macroeconomics amd microeconomics with respect to inflation?

MICROECONOMICS- this deals with any individual segment of economy. MACROECONOMICS- this deals with the whole economy.


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

Macroeconomics


The study of the aggregate economy is known as?

economy ( FALSE)Correct answer would be Macroeconomics


Macroeconomics can best be described as the?

Study of an economy as a whole.