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Question

The focus of macroeconomics policy is on _________.

A
price determination in specific markets
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B
structure and conduct of market operations
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C
addressing the problem of unemployment and inflation
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D
equity and efficiency
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Solution

The correct option is B equity and efficiency
The twin- focus of macroeconomics policy are-
1)Equity- Fair and impartial treatment should be provided to all the citizens according to their ability.
2)Efficiency- Wastage of resources should be minimised and resources should be used in the most efficient way in the economy to yield a better productivity.

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