1. What is the purpose of Macroeconomics and its relation to the components of the national and international economy? Explain in your own words.2. What is economic fluctuation, aggregate demand and...

1. What is the purpose of Macroeconomics and its relation to the components of the national and international economy? Explain in your own words.2. What is economic fluctuation, aggregate demand and supply? cite two example for each one.3. What is content of the theory of productivity and growth? Explain in your own words.4. What is economic measurement and circular flow? Explain in your own words5. What is unemployment? How do you measure unemployment? What is the impact of unemployment on the society?6. What is inflation? What are the causes and impact of inflation? Explain in your own words. Cite an example7. What is the theory of fiscal policy? Explain in your own words8. Describe the financial system and money supply. Explain their interrelation in your own words.9. What is interest rate? Explain in your own words, and cite an example.10. What is trade balance and foreign exchanges rates? Explain in your own words, and cite an example for each.