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Alternate Measures of Poverty

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Question

Problems of unemployment, illiteracy, etc. are studied under which branch of economics?

A

Macroeconomics

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B

Microeconomics

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C

Wealth economics

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D

Monetary economics

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Solution

The correct option is A Macroeconomics
Macro economics deals in the overall problems of the economy that involves the study of national aggregates. Problems of unemployment, illiteracy, etc are studied under macro economics since these include economy as a whole and not from the view point of an individual unit.

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