मराठी

Who coined the terms 'macro' and 'micro' in 1933, to denote the two branches of economic theory?

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प्रश्न

Who coined the terms 'macro' and 'micro' in 1933, to denote the two branches of economic theory?

पर्याय

  • Adam Smith

  • Paul A. Samuelson

  • Prof. Robbins

  • Ragnar Frisch

MCQ
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उत्तर

Ragnar Frisch

Explanation:

There was only one type of economics prior to 1930. In 1933, Ragnar Frisch invented the terms 'micro' and 'macro' to designate the two disciplines of economic theory, microeconomics, and macroeconomics, respectively.

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