what is the significance macroeconomic data ? why is it important

What is a leading economic indicator? Provide two examples.

Which of the following is not a variable of interest in macroeconomics? O the level of planned investment the overall level of employment the overall level of prices the price of coffee

Suppose that the policy-makers of a foreign country decide to enact policy that reduces unemployment (at the expense of higher prices) just before an election. At the time of the election, however, the reduction in unemployment is much greater than expected, and the pesky inflation increase never occurs. The graph illustrates the economy before the government attempts to reduce unemployment. Change the graph to illustrate changes in the economy that could result in lower unemployment without an increase in prices. Note that LRAS represents long-run aggregate supply, SRAS represents short-run aggregate supply, and AD represents aggregate demand. evel LRAS SRAS

Which of the following is not a doctrine of modern macroeconomics? A. Spending drives prices, production, income and employment in the short run B. Lower interest rates are required to increase investment spending during recession C. Depressions occur because prices adjust too rapidly to change in supply and demand D. Economic activity can be described in terms of mechanical interaction among aggregates like consumption, investment and GDP

What is the business cycle? Which part of the business cycle is of particular concern to macroeconomists? Why?

Explain why macroeconomists like to build models and why do macroeconomists build models based on microeconomic principles? Discuss.

Analyse the different components of the business cycles

How can the economic cycle be interpreted?

What does it mean for a steady-state to be unstable (a.k.a, a source)?Explain................ in economics