Showing posts with label Define or Explain the following concepts 2) Macro variables. Show all posts
Showing posts with label Define or Explain the following concepts 2) Macro variables. Show all posts

Define or Explain the following concepts 2) Macro variables

Define or Explain the following concepts

2) Macro variables

ANSWER:



Macro variables are the aggregate quantities that change from time to time.  The major macroeconomic variables are aggregate price, aggregate demand, aggregate supply, inflation and unemployment.