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"These projections will continue to fluctuate due to numerous macroeconomic variables and present no immediate pressure on the system.
"The macroeconomic variables correlate with trends in ad spending, consumer confidence, existing home sales, auto sales, personal income growth.
These projections were revised in 2013-14 following changes to the student loan repayments model, but will continue to fluctuate due to numerous macroeconomic variables, and present no immediate pressure on the system".
Empirical economists put a lot of effort into teasing out the historical relationships between macroeconomic variables, such as inflation and unemployment.
The USDA estimated what trade patterns would have looked like in the absence of the relevant RTA, using factors like distance, common borders, language and macroeconomic variables.
Some macroeconomic variables are overarching explanatory factors.
No clear picture arises with respect to the macroeconomic variables.
Figure 1 The actual data series of macroeconomic variables.
The main macroeconomic variables are presented in Table 5.
The relationship between fiscal imbalances and other macroeconomic variables is complex and multifaceted.
The results for the main macroeconomic variables are displayed in Tables 7 and 8 in "Appendix".
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