English

Which of the following options is a micro-economic study? - Economic Applications

Advertisements
Advertisements

Question

Which of the following options is a micro-economic study?

Options

  • National Income

  • Aggregate demand for goods and services.

  • Agricultural production

  • Household income

MCQ
Advertisements

Solution

Household income

Explanation:

Microeconomics deals with individual units like a household, firm or a specific market. Household income is an individual-level study, so it falls under microeconomics.

shaalaa.com
  Is there an error in this question or solution?
Chapter 1: Meaning and Definition of Economics - QUESTIONS [Page 14]

APPEARS IN

J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 1 Meaning and Definition of Economics
QUESTIONS | Q 13. | Page 14
J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 1 Introduction to Economics
QUESTIONS | Q 13. | Page 12
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×