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Question
Identify the other name for Macro Economics.
Options
Price Theory
Income Theory
Market Theory
Micro Theory
MCQ
Solution
Income Theory
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Scope of macroeconomics:
Concepts studied under Macro economics.
- Whole economy
- Economic development
- Aggregate supply
- Product pricing
Concepts studied under Micro economics.
- National income
- General price level
- Factor pricing
- Product pricing