____________ 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.