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1. Macroeconomics examines the behavior of the whole economy by studying aggregate variables such as national income, money supply, price level, unemployment, and economic growth. 2. J.M. Keynes is considered the father of macroeconomics for developing the theory in his 1936 book The General Theory of Employment, Interest and Money. 3. Macroeconomics deals with determination of income and employment at an aggregate level in the whole economy, analyzing relationships between overall consumption, investme

Author

Sandip Ghimire

Language

EN