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Financial Terms / M - N / Macroeconomics


According to Wikipedia, _ Macroeconomics _ is a branch of _ economics _ dealing with the performance, structure, behavior, and decision-making of an economy. It concerns general economic factors such as economic output, GDP, unemployment levels, national income, and the relationships between various economic sectors.

It has two main areas of focus: the long-term economic growth cycle and the short-term business cycle.

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