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Which approach does macroeconomics take to analyze the economy?
  • a)
    Top-down approach
  • b)
    Bottom-up approach
  • c)
    Centralized approach
  • d)
    Decentralized approach
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which approach does macroeconomics take to analyze the economy?a)Top-d...
Macroeconomics employs a top-down approach to study the economy as a whole. It focuses on national-level economic indicators like GDP, unemployment, inflation, and their impact on economic performance.
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