Micro Economics theory suggest policies to solve problem of inflation. (State whether the statement is TRUE or FALSE)
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Answer:
False
Explanation:
Micro Economics theory suggest policies to solve problem of inflation. - False
Microeconomics is the study of individual unit behavior in an economy. It is referred to as that part of economics which is concerned only with the single factors and the total effects of the individual decisions. Problems like inflation are related concurrently to the behavior of all financial units in an economy. It's beyond the scope of microeconomics in this respect.
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