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Mnenie [13.5K]
3 years ago
12

The goals of Macroeconomics relate to the ______________ to achieve a balanced higher standard of living for a nation.

Business
1 answer:
Setler79 [48]3 years ago
6 0

Answer: Optimization of resource allocation

Explanation: Macroeconomics, in simple words, refers to the study of economy as whole. It focuses on factors, the impact of which is high on economy such as interest rates and national productivity.

One of many concerns that macroeconomics deals with is optimization of resource allocation, which means using resources in that sector which gives the best results and maximum profit to the economy.

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