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प्रश्न
Which of the following best explains why Ragnar Frisch coined the terms "microeconomics" and "macroeconomics" during the Great Depression?
पर्याय
To promote government investment
To separate economic planning from business cycles
To introduce foreign economic models to Norway
To establish systematic frameworks for analyzing individual and aggregate economic behavior
MCQ
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उत्तर
To establish systematic frameworks for analyzing individual and aggregate economic behavior
Explanation:
Frisch introduced these terms to enable clearer analysis at different levels,individual (micro) and aggregate or whole economy (macro).
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