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Q.1. Choose the correct option Chapter 1 - Introduction to Micro and Macro Economics [Latest edition] Economics HSC

Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board 

 

Chapter 1 - Introduction to Micro and Macro Economics [Latest edition]

 

Q.1. Choose the correct option:

 

The branch of economics that deals with the allocation of resources.

 

a) Micro economics

b) Macro economics

c) Econometrics

d) None of these

 

a, b and c

a and b

only a

None of these


Concepts studied under Microeconomics.

 

a) National income

b) General price level

c) Factor pricing

d) Product pricing

 

b and c

b, c and d

a, b and c

c and d


Method adopted in micro economic analysis.

 

a) Lumping method

b) Aggregative method

c) Slicing method

d) Inclusive method

 

a, c and d

a, b and d

only c

only a


Concepts studied under Macro economics.

 

a) Whole economy

b) Economic development

c) Aggregate supply

d) Product pricing

 

a, b and c

b, c and d

only d

a, b, c and d