discussion l - Macroeconomics is the study of the large...

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Macroeconomics is : the study of the large economic systems of a country or region (Merriam- Webster, n.d.) Macroeconomics is the study of economics on a larger scale of things such as inflation, unemployment, gross domestic product (GDP), and interest rates. They study how these factors influence the economy. There are several macroeconomic variables that impact the business environment such as inflation, unemployment, gross domestic product, the stock market, interest rates, and the exchange rate. So how does an unemployment rate affect the business environment? Well, first, we have to determine who is considered unemployed. These would be the people who are actively looking for jobs, but have yet to find one. Sometimes, the number of people who are underemployed are included as well. To get the unemployment rate, you divide the number of unemployed people by the number in the labor force, those that are employed and those that are not.
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