DEFINITION OF MACROECONOMICS:

DEFINITION OF MACROECONOMICS: In 1933, Swedish economist Professor Ragnar Frisch primary applied and invented the particular key phrase ‘macro’. The phrase macroeconomics hails from the Ancient Greek expression  “makros”, which means large,  big, huge, significant, substantial. Macroeconomics is among the significant subdivisions from the review of economics.Macroeconomics is the review of economics including phenomena in […]

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