What does mean by 'Emerging Markets ?
Correct answer: A. Financial markets of developing economies
- A. Financial markets of developing economies
- B. Financial markets of East Europe's economies
- C. Financial markets of Asian economies
- D. Financial markets of Latin America
Explanation
Emerging markets are the financial markets of developing or rapidly industrialising economies that are becoming more integrated with global finance. They are not limited to East Europe, Asia or Latin America.
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About Macroeconomics
The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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