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The whole economy is studied in ______ - Economics

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Question

The whole economy is studied in ______

Options

  • Micro Economics

  • Macro Economics

  • Econometrics

  • Natural Sciences

MCQ
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Solution

The whole economy is studied in Macro Economics.

Explanation:

The area of economics known as macroeconomics focuses on the operation and behaviour of an economy as a whole. It focuses on the overall developments in the economy, including inflation, growth rate, GDP, and unemployment.

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2021-2022 (March) Set 1
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