______ studies the problem of inflation in the country.
A
Microeconomics
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B
Macroeconomics
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C
Static economics
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D
Industrial economics
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Solution
The correct option is B Macroeconomics Study of macroeconomics involves the study of the economy as a whole considering all the factors. It is a Greek word Makro which means large.
Macroeconomics is a study of the factors such as savings, inflation, unemployment, social & political factors etc.