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What is Macroeconomics?

Macroeconomics is a branch of economics that deals with the performance, structure, and behavior of an economy as a whole. It focuses on aggregated indicators such as national income, unemployment rates, inflation, and gross domestic product (GDP), among others.

Macroeconomists study how different economic policies, such as monetary and fiscal policies, affect the economy on a broad scale. They also explore the causes and consequences of economic events like recessions, booms, and financial crises, aiming to provide insights that can inform policymakers and businesses in making decisions to promote economic stability and growth.

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