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| the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language). |
| a white, crystalline, water-insoluble, powerful high explosive, C3H6N6O6, used chiefly in bombs and shells. |
| macroeconomics (ˌmækrəʊˌiːkəˈnɒmɪks, -ˌɛk-) | |
| —n | |
| (functioning as singular) Compare microeconomics the branch of economics concerned with aggregates, such as national income, consumption, and investment | |
| macroeco'nomic | |
| —adj | |
The part of economic theory that deals with aggregates, such as national income, total employment, and total consumption. (Compare microeconomics.)