As a whole example sentences

Different people plan to save different fractions of their additional incomes (with the rich typically saving a greater proportion of their income than the poor), and if we average these we may arrive at a fraction which will give us an idea of what proportion of the total additional income of the economy people wish to save as a whole.But the basic questions of the study of macroeconomics would remain the same and you will find that these are actually the broad economic questions that concern all citizens Will the prices as a whole rise or come down? Is the employment condition of the country as a whole, or of some sectors of the economy, getting better or is it worsening? What would be reasonable indicators to show that the economy is better or worse? What steps, if any, can the State take, or the people ask for, in order to improve the state of the economy? These are the kind of questions that make us think about the health of the country s economy as a whole.Macroeconomics tries to address situations facing the economy as a whole.Macroeconomics tries to address situations facing the economy as a whole.Thirdly, and most importantly, in a large number of situations society (or the State, or the people as a whole) had decided to pursue certain important social goals unselfishly (in areas like employment, administration, defence, education and health) for which some of the aggregate effects of the microeconomic decisions made by the individual economic agents needed to be modified.For certain purposes the interdependence of (or even rivalry between) two sectors of the economy (agriculture and industry, for example) or the relationships between sectors (like the household sector, the business sector and government in a democratic setup) help us understand some things happening to the country s economy much better, than by only looking at the economy as a whole.They now recognise the need to preserve biodiversity as a whole.Adam Smith, the founding father of modern economics, had suggested that if the buyers and sellers in each market take their decisions following only their own self-interest, economists will not need to think of the wealth and welfare of the country as a whole separately.Only a strong Centre, it was argued, “would be in a position to think and plan for the well-being of the country as a whole”.So if society as a whole rather than single individuals controlled property, more attention would be paid to collective social interests.They are pursued for the welfare of the country and its people as a whole.This is one more example of how the functioning of a single economic agent (say, a household) may differ from the functioning of the economy as a whole.Under this system, if a shop is not operating at a profit, the management may decide to close it or shift it to some other place without really affecting the profitability of the organisation as a whole.Adam Smith, the founding father of modern economics, had suggested that if the buyers and sellers in each market take their decisions following only their own self-interest, economists will not need to think of the wealth and welfare of the country as a whole separately.What would happen if efforts of an individual in a group are pooled so that you look at the performance of the group as a whole? Do you know what often happens? It has been found that individuals work less hard in a group than they do when performing alone.