Question

Which of the following is microeconomics study? *
1 point
D. textile industry
C. level of employment
A. general budget
B. supply of money

Answer 1

(B). Supply of money.....


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Answer 2

Option A is the correct answer.

Textile industry is microeconomics study.

It is so because microeconomics studies a single unit. Textile industry isa single industry and not aggregate of industries.

1. Level of employment tells about the aggregate level of employment in a country.
2. General budget discusses resource allocation for the entire country. It discusses how revenue will be generated and how the expenditure will be done.
3. Supply of money is also for the entire country and not for a micro unit within a country.
4. Therefore, level of employment, general budget and supply of money are macro variables that are dealt in macroeconomics.