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Who introduced the terms Microeconomics and Macroeconomics?

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Question

Who introduced the terms Microeconomics and Macroeconomics?

Options

  • John Maynard Keynes

  • Adam Smith

  • Ragnar Frisch

  • Milton Friedman

MCQ
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Solution

Ragnar Frisch

Explanation:

Ragnar Frisch coined the terms Microeconomics and Macroeconomics in 1933, creating a systematic distinction in economic analysis.

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