ahmadfarriz7518 ahmadfarriz7518
  • 04-07-2017
  • Business
contestada

Why do you think macroeconomists focus on just a few key statistics when trying to understand the health and trajectory of an economy?

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meerkat18
meerkat18 meerkat18
  • 18-07-2017
Macroeconomics focal point on a few essential  statistics, real GDP, unemployment, and inflation because it is too tough to process all of the data in each market or for every good or service in the economy. By using these three abstract it measures economists can obtain some insight into the health of the economy as a whole.
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