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Question

____________ is outside the domain of macroeconomics.

A
Consumer behaviour
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B
National income
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C
Economic growth
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D
Balance of payment and trade
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Solution

The correct option is A Consumer behaviour

  • 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.
  • Thus national income, economic growth and balance of payments and trade are the concern of macro economics whereas consumer behavior is the concern of micro economics.



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