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Question

___________ is a microeconomics domain.

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
Increased CNG rates by IGL
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Solution

The correct option is A Increased CNG rates by IGL

Increased CNG rates by IGL comes under the domain of Microeconomics. Microeconomics is that part of economics which deals with the individual units of the economy. It takes into account the demand and supply of individual units and helps in studying the prices of products according to it. All the other options are the concern of macroeconomics.


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