Question

Use what you have learned about macroeconomics to

explain why the study of macroeconomics is important to
daily life. What can people gain from understanding how
economies work on the national or international level?

Answer 1

Down here..

Step-by-step explanation:

Studying macroeconomics can help individuals understand how interactions between regions, governments, and institutions influence their lives. By studying macroeconomics, individuals can predict and deal with economic challenges, such as inflation and unemployment.

Answer 2

Answer and Explanation:

Macroeconomics refers to the analysis of the economy as a whole. It covers the components like inflation, unemployment rate, saving, investment, etc

It is important to research macroeconomics, so we can learn how the country's economy is doing.

Microeconomics also studies inflation, unemployment causes, national earnings, and market price variations.

Moreover, Macro-economics focuses on businesses and people's decisions.

The people would get to know how much is the GDP of the economy, population, etc so that the government should make the decisions based on the current situation