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Who coined the terms `macro' and `micro' in 1933, to denote the two branches of economic theory?
Adam Smith
Paul A. Samuelson
Prof. Robbins
Ragnar Frisch
Option (4) is correct. Explanation: Before 1930, there was only one economics'. Ragnar Frisch coined the words `micro' and `macro' in 1933 to denote the two branches of economic theory, namely, microeconomics and macroeconomics.
By: Parvesh Mehta ProfileResourcesReport error
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