2. Which one of the following is not studied under Macroeconomics ?
a. General Level of Price.
b. Utilisation of Economy's Resources.
c. National Income.
d. None of the above.(1).
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Utilisation of Economy's Resources....♥
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The correct answer is OPTION B: Utilisation of Economy's Resources.
- Macroeconomics is a branch of economics that investigates the behaviour of entire economies, such as markets and other large-scale systems.
- Variables including inflation, price levels, economic growth rate, national income, gross domestic product, and unemployment are all examined in macroeconomics.
- Microeconomics focuses on the decisions of individual economic actors, whereas macroeconomics examines the performance, structure, and behaviour of the entire economy.
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