Economy, asked by Nomfundo7606, 1 year ago

Microeconomics depends on macroeconomics. explain how?

Answers

Answered by sukhwindersaini22925

0

Explanation:

So interest rate is studied under microeconomics and which is determined by various factors, which come under macroeconomics. Determination of profit. Individual profit is studied under microeconomics. ... Price of commodity is studied under microeconomics but price depends upon the aggregate price in the economy.

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