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Calculating the real variables for micro and macro economic data is one of the first steps to understanding economics. If you are new to this subject then I am sure you would ask yourself “how do I calculate micro and macro real variables?”. This is quite easy if you know where to look, there are plenty of resources on the internet for this, but if you are trying to figure it out for the first time then there is a good chance that you will be having to learn how to calculate real variables.

Real variables refer to the prices, incomes, values and trends in the market. If the prices of something to stay the same, the income of someone will be constant, the value of something will be constant, and the trend of the value of something will continue to be the same, then we have a consistent economic system. When the real variables change such as with the economy of the United States, then this is called a macro.

Real variables can change quickly and drastically from one day to the next, especially when economic conditions are very volatile. There are many different ways that the real variables can change, some faster than others and some slower.

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The first thing that you need to do is to determine the average rate at which the real variables change. This can be done by taking the average price of the items, or any other economic index that has been proven to be consistent, and then using that average value to calculate the average change over time for each item or index.

Real variables change very slowly because the market is a chaotic system, and the value of the real item can be altered so slowly that even if the value of one item is increased for one minute, it will not make a difference in the market for the next hour or the next day. So the real variable that is most important is the average value of the real variables over time.

Real variables change fast if they are under supply. If there are no people selling the item then the price goes up and if there are too many buyers, then the price goes down. In a free market, if there is no demand then the demand always has an effect on the value of the real item and is what causes it to go up or down in price.

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