Description: Basic concepts of macroeconomics include GDP, inflation, unemployment, fiscal policy, monetary policy, and economic growth.
Description: Circular flow shows income movement in an economy; national income is calculated via production, income, expenditure.
Description: Nominal GDP measures output at current prices, while real GDP adjusts for inflation over time.
Board: State Board
Stream: Commerce
Standard: XI
Course: Economics
Know MoreBoard: CBSE
Stream: Commerce
Standard: XII
Course: Economics
Know MoreBoard: CBSE
Stream: Commerce
Standard: XII
Course: Economics
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