Economics is the social science that studies the production, distribution, and consumption of goods and services. It analyzes how individuals, businesses, and governments make choices about allocating resources to satisfy their needs and wants. Economics is divided into two main branches: microeconomics, which focuses on individual and firm behavior, and macroeconomics, which examines the economy as a whole, including issues like inflation, unemployment, and economic growth. Economists use various models and theories to explain economic behavior and to predict the effects of policies and events on the economy. The field also includes the study of markets, trade, and the impact of various conditions on economic activities.
The Japanese yen is predicted to rise significantly, potentially reaching 130 against the dollar, fueled by strategic monetary policy shifts from both the Bank of Japan and the U.S. Federal…