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Question
Fill in the blank
Macroeconomics does not study _________.
Options
whole economy
national income
aggregate supply
product pricing
Solution
Macroeconomics does not study product pricing.
Explanation:
Macroeconomics studies an economy as a whole. It focuses on aggregate measures such as aggregate demand, aggregate supply and aggregate price level. As product pricing is an individual variable, it is not studied under macroeconomics. It is studied under microeconomics.
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