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Question
The study of National Income is related to:
Options
Microeconomics
Macroeconomics
Both Micro and Macroeconomics
None of the above
MCQ
Solution
Macroeconomics
Explanation:
Macroeconomics is the study of an economy's overall behavior. The value of an economy's total final goods is referred to as national income. As a result, macroeconomics is linked to the study of national income.
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Aggregates Related to National Income - Gross National Product (GNP)
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