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Define 'Or' Explain the Following Concept. - Economics

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प्रश्न

Define 'or' explain the following concept.

Lumping method

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उत्तर

Macroeconomics uses lumping method for the purpose of economic study. Under lumping method we study the general price level, and not prices of individual products.

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Allocation of Resource and Economic Variable
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2018-2019 (February) Set 1
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