All of the following, except _______, are subject matter of macro economics.

determination of national income

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economic growth

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inflation

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price equilibrium analysis

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Solution

The correct option is D price equilibrium analysis
Macro economics is the study of aggregates of the nation as a whole. The scope of macroeconomics is wide as it deals with the economic aggregates of the country, such as national income, aggregate demand and supply, economic growth, inflation, etc. Price equilibrium analysis is limited to the study of equilibrium in a particular market, which is a part of micro economic analysis.

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Similar questions

State the following statements are true or false.
1) Macro-Economics is known as income analysis.
2) Increase in national income is a Micro- Economic goal.
3) Macro-Economic adopts lumping method.
4) Study of price determination is a subject matter of Macro-Economics.
5) Micro-Economics deals with the study of aggregates.
6) National output is an example of macro variable.

Q. All are subject matter of macro-economics except _________.

Q. Which of the following is a part of the subject matter of macro economics?

Q. All of the following, except ___________, are subject matter of Micro Economics.

Q. Do you agree with the following statements? Give reasons.

1) The scope of Macro-Economics is wide.
2) Macro-Economics deals with the study of individual behavior.
3) Macro-Economics is individualistic
4) Macro-Economics is different from Micro-Economics.
5) Macro-Economics is a partial equilibrium analysis.

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