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Question

Which of the following is a part of the subject matter of macro economics?

A
Study of firms
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B
Aggregate profits of a firm
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C
Market demand for a product
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D
Net national product
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Solution

The correct option is D Net national product
Net national product is the overall product that is done in an economy by all the residents of the economy net of depreciation. It is a part of subject matter of macro economics as many macro level decisions regarding the economy is taken keeping in mind the net national product of the economy.

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