Which of the following statements is incorrect?
a)Macroeconomic concepts are not often simple and direct.
b)In macroeconomics we study individual household units and individual firms.
c)Microeconomics takes the total output of the economy as given.
d)Macroeconomics takes the distribution of output as given.
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Explanation:
b) b)In macroeconomics we study individual household units and individual firmsis is the incorrect one
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