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What is the other name of Microeconomics and Macroeconomics?
Price Theory, Income Theory
Price Theory, Employment Theory
Cost Theory, Income and Employment Theory
Price Theory, Income and Employment Theory
Option (4) is correct. Explanation: The main objective of microeconomics is to determine the price of a commodity or factors of production whereas, the main aim of macroeconomics is to determine the income and employment level of the economy. It studies the behaviour of aggregates of the economy as a whole.
By: Parvesh Mehta ProfileResourcesReport error
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