Macroeconomic Forecast Outline
Macroeconomics is, "the part of economics concerned with the economy as a whole; with such major aggregates as the household, business, and government sectors; and with measures of the total economy" (McConnell & Brue, p.13). "Two of the most critical questions in macroeconomics are: (1) What determines the level of GDP, given a nation's production capacity? (2) What causes real GDP to rise in one period and to fall in another?" (McConnell & Brue, p.72).
So ...
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