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Economic Environment

Match the fol...

Question

Match the following :
Group "A" Group "B"
(1) Inflation and recession (a) Father of Modern Economics
(2) Resource allocation (b) Micro Economics
(3) Ragner Frisch (c) Oslo University
(4) J.M. Keynes (d) Macro economics
(5) Alfred Marshall (e) Wealth of Nations
(f) Factor - pricing

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Solution

GROUP A GROUP B RELATIONSHIP
INFLATION AND RECESSION MACROECONOMICS macroeconomics takes into consideration issues such as inflation and recession.
RESOURCE ALLOCATION MICROECONOMICS microeconomics takes into account the resource allocation
RAGNER FRISCH OSLO UNIVERSITY Ragner studied in university of Oslo.

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