N macroeconomics, the short run assumes that input prices are inflexible while output prices are flexible.
Macroeconomics is the branch of economics that studies the performance, structure, behavior, and decision-making of the economy as a whole. For example, interest rates, taxes, and government spending are used to regulate economic growth and stability. This includes regional, national, and global economies.
Macroeconomics is the branch of economics concerned with the economy as a whole or its structure, performance, behavior and decision-making. His two main areas of macroeconomic research are long-term economic growth and short-term business cycles.
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