asked 172k views
4 votes
What are two major group in a simple macroeconomy?​

1 Answer

6 votes

Answer:

The correct answer is - long term financial development and shorter-term business cycles

Step-by-step explanation:

Macroeconomics is the part of financial aspects or economics that reviews the characteristics of situations and performances of an economy all in all. It revolves around the total alteration in the economy, for example, unemployment, GDP, growth rate, and inflation. The two fundamental groups of macroeconomy are long term financial development and shorter-term business cycles

Thus, the correct answer is - long term financial development and shorter-term business cycles.

answered
User Hammett
by
8.0k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.