The "Effect" menu allows applying noise removal (by taking a noise profile) and normalization.
Audacity allows users to record live audio through a microphone, mixer, or via streaming audio. It supports high-quality recordings (up to 32-bit float, 384 kHz).
Final projects can be exported to multiple formats, including MP3 (suitable for podcasts), WAV (high-quality audio), and FLAC. Key Considerations for Long Recordings (Podcasts/Lectures)