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Demand And Supply

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Running head: MACROECONOMICS’ INFLUENCE IN THE DECISION MAKING OF A COMPANY Macroeconomics’ Influence in the Decision Making of a Company Name Institution Date 1 MACROECONOMICS’ INFLUENCE IN THE DECISION MAKING OF A COMPANY 2 Macroeconomics’ Influence in the Decision Making of a Company Macroeconomics deals with the functioning, organization, behavior and choices that are made in the whole economy past the individual markets. These decisions affect the success of a company such as XYZ’s performance in the market. The economies that are considered as macro economies are national, regional, and global. Macroeconomics deals with aggregated economic indicators such as the gross domestic product of a country, the rates of unemployment, price indices and interactions of different industries in the economy. They all help in the understanding how the economy functions. Models of macro economy are what explain the nation’s income, production, the rate of employment and unemployment, inflation, investments and international trade. Macroeconomics explains the factors that lead to the short run fluctuations in the total income of a nation and its consequences. The determinants of the long-run economic development which is the increase of the country’s revenue. (OpenStax College, 2016) Understanding Macroeconomics influences the decision making of the company. The success of business is based on the decisions that are made by the administration. Most companies hav ...
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