Question: Question 2:What is a market - clearing model? When is it appropriate to assume that market clear? Question 1: Explain the difference between macroeconomics and

Question 2:What is a market - clearing model? When is it appropriate to assume that market clear?

Question 1: Explain the difference between macroeconomics and microeconomics. How are these two fields related?

Question 3: why do economists build models

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