InDesign tends to export at 400dpi for PDFs which is lovely and high.
Fonts can be anything you want, within reason. Body copy should be a clean sans or serif font, depending on the kind of magazine. There has been shift with magazines going sans, and then others, going serifed. It all depends on the emotion and tone you want to use. For your display copy, you can use something a little more exotic, a sans with interesting features, a more experiment face than emotes what the article is about.
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