macroeconomy
Noun
Meaning
macroeconomy (plural macroeconomies)
A large-scale economy.
Synonyms
Related terms
Examples
Fitch expects the near-term performance of the Korean banks to be steady considering their moderate risk appetite, a tighter regulatory approach and Korea's resilient macroeconomy.
When looking at the overall macroeconomy, several types of unemployment have been identified, including: * Frictional unemployment — This reflects the fact that it takes time for people to find and settle into new jobs.
It is also meant to raise eyebrows by indicating the significant loss of revenues at a time when the macroeconomy needs it most.
It is based on a careful technical analysis of the problems and prospects in all the sectors of the economy, in major areas of social concern and at the level of the macroeconomy.
In new classical models, the macroeconomy is assumed to be at its unique equilibrium, with full employment and potential output, and that this equilibrium is assumed to always have been achieved via price and wage adjustment (market clearing).
The for “their empirical research on cause and effect in the macroeconomy.”