When economists study the national economy or global economy, they are using a(n) ____ approach.

Name: When economists study the national economy or global economy, they are using a(n) ____ approach.
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Macroeconomic approach focuses on the big picture of the economy, including national or global indicators such as GDP, inflation, and unemployment rates. This is in contrast to microeconomic approach, which analyzes individual markets, companies, and consumers.

When Economists Study the National Economy or Global Economy, They