The study of the whole economy is called _____.

Biology

2 answers:

PtichkaEL [24]4 years ago

6 0

Macro-economics is the answer to the first question. not to sure on the second question though.

Anni [7]4 years ago

5 0

Answers –
1. Macroeconomics
2. Economic cycle

1. Macroeconomics refers to the study of the whole economy and how it behaves. It is a branch of the field of economics which carefully examines various economy-wide phenomena like, inflation, price levels, national income, GDP (gross domestic product), growth rate, and changes in unemployment.

2. The time from one economic peak to another economic peak is called the economic cycle. Like a roller coaster ride, the economic cycle is more or less like a behavioral pattern in the economy that consist of both growing and shrinking phases

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