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Which of the following options is not a macro-economic study? - Economic Applications

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Question

Which of the following options is not a macro-economic study?

Options

  • Output of a firm

  • Household income

  • Market demand of apples

  • All of these.

MCQ
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Solution

All of these

Explanation:

The output of a firm, household income, and market demand of apples are studied under microeconomics, not macroeconomics. Macroeconomics studies aggregates like national income or general price level, not these individual units or specific market demands.

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Chapter 1: Meaning and Definition of Economics - QUESTIONS [Page 14]

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