Q.5. COMPLETE THE
FOLLOWING STATEMENTS: (5
MARKS)
(1) The Term micro
economics and macro
economics was coined by
O Prof. Alfred marshall
O Chanakya
O Sir RagnerFrisch
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Prof. Ragnar Frisch was a Norwegian economist who was best known for founding the various disciplines of econometric and for coining the two common terms i.e. micro and macro economics which is the most widely used terms in modern economics.
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