CLEP Macroeconomics covers the principles of macroeconomic theory, including national income, inflation, and fiscal policy.
Macroeconomic policies (fiscal and monetary) are not just theory—they shape our everyday lives.
When a recession hits, governments might cut taxes or increase spending to boost demand and create jobs.
Central banks can lower interest rates to make loans cheaper, encouraging people and businesses to spend and invest.
These policies influence everything from job opportunities to the interest you pay on loans, to the prices you see at the store.
Lower interest rates make mortgages and car loans cheaper, helping people buy homes and cars.
Government spending on infrastructure creates construction jobs and boosts economic growth.