defines micro economic development.
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defines micro economic development.
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Answer:
ᴍɪᴄʀᴏᴇᴄᴏɴᴏᴍɪᴄꜱ ɪꜱ ᴛʜᴇ ꜱᴛᴜᴅy ᴏꜰ ɪɴᴅɪᴠɪᴅᴜᴀʟꜱ, ʜᴏᴜꜱᴇʜᴏʟᴅꜱ ᴀɴᴅ ꜰɪʀᴍꜱ' ʙᴇʜᴀᴠɪᴏʀ ɪɴ ᴅᴇᴄɪꜱɪᴏɴ ᴍᴀᴋɪɴɢ ᴀɴᴅ ᴀʟʟᴏᴄᴀᴛɪᴏɴ ᴏꜰ ʀᴇꜱᴏᴜʀᴄᴇꜱ. ɪᴛ ɢᴇɴᴇʀᴀʟʟy ᴀᴩᴩʟɪᴇꜱ ᴛᴏ ᴍᴀʀᴋᴇᴛꜱ ᴏꜰ ɢᴏᴏᴅꜱ ᴀɴᴅ ꜱᴇʀᴠɪᴄᴇꜱ ᴀɴᴅ ᴅᴇᴀʟꜱ ᴡɪᴛʜ ɪɴᴅɪᴠɪᴅᴜᴀʟ ᴀɴᴅ ᴇᴄᴏɴᴏᴍɪᴄ ɪꜱꜱᴜᴇꜱ.
Answer:
Macroeconomics is the branch of economics that deals with the structure, performance, behavior, and decision-making of the whole, or aggregate, economy. The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles.