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Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on aggregate indicators such as gross domestic product (GDP), unemployment rates, national income, price indices, and the interrelations among these factors. By analyzing broader economic phenomena, macroeconomics seeks to understand and address the underlying causes and effects of economic trends, fluctuations, and policies on a large scale. Consequently, it provides the framework for making informed decisions about issues like fiscal and monetary policies, economic growth, inflation, and international trade.
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