#LNT

#late-nightthoughtspt.1

First of what is macroeconomic?

The study of the economy as a whole.

When I hear economics I think of:
-$$$$$
-Trade
-Goods
-Monopoly

LETS TALK ABOUT GOODS!
 They are 2 types of goods that you must know Capital Goods,and Consumer Goods.

Capital Goods- are items used in creation of other goods. (Trucks, Machinery, Factories).

Consumer Goods- Goods that are intended for final use by the consumer.