All are subject matter of macro-economics except _________.
A
hardening of interest rates
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B
strengthening of rupee against dollar
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C
stagnation of economic growth
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D
increase in maximum selling price of fertilizers
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Solution
The correct option is D increase in maximum selling price of fertilizers
All these options except for option D are the concerns of Macro economics.
The term ‘Macro’ means large. So Macroeconomics is that part of economics which studies the economic problems and issue that are on a large scale. It studies about the performance of the economy as a whole and not of any individual firm or business. It focuses on the study of problems like inflation, unemployment, poverty, etc.
Whereas Increase in maximum selling price of fertilizers is a micro issue and comes under the domain of micro-economics.