Question

17. Which of the following is not an example of microeconomics ?
(a)Saving of an individual-
(b) Consumption of a household -
(C)Price level of a firm-
(d)Aggregate demand of an economy-​

Answer 1

Answer:

I think its consumption of household

Answer 2

The correct answer is OPTION D: Aggregate Demand of an Economy.

• Microeconomics studies people's reactions to changes in incentives, prices, resources, and/or industrial processes.
• Microeconomic groups are regularly formed from customers, suppliers, and business owners.
• The study of single units is known as microeconomics.
• People, their houses, and their businesses make up microeconomics.
• The study of a country's entire output is known as macroeconomics.
• It incorporates the broader economy while making estimates.
• It considers the economy's overall demand and supply, as well as investment and savings.
• Because macroeconomics is involved, Option D is the best option.