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indian economic development

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Questions and Answers

What does microeconomics analyze?

International trade dynamics

Individual agents and markets (correct)

Global economic systems

Macroeconomic policies

Which distinction within economics involves describing 'what ought to be'?

Behavioural economics

Rational economics

Positive economics

Normative economics (correct)

Where can economic analysis be applied?

Construction, transportation, and hospitality

Sports, entertainment, and fashion

Agriculture, forestry, and fishing

Business, finance, and government (correct)

What does macroeconomics analyze as a system?

Production, consumption, saving, and investment Signup and view all the answers

What are some examples of resources analyzed in macroeconomics?

Labour, capital, and land Signup and view all the answers

What does microeconomics primarily analyze?

Individual agents and markets Signup and view all the answers

Which distinction within economics involves advocating 'what ought to be'?

Normative economics Signup and view all the answers

In what areas can economic analysis be applied?

Business, finance, and government Signup and view all the answers

What does macroeconomics analyze as a system?

Production, consumption, saving, and investment interactions Signup and view all the answers

What are some examples of resources analyzed in macroeconomics?

Labour, capital, and land Signup and view all the answers

indian economic development

Choose a study mode

Podcast

Questions and Answers

What does microeconomics analyze?

Which distinction within economics involves describing 'what ought to be'?

Where can economic analysis be applied?

What does macroeconomics analyze as a system?

What are some examples of resources analyzed in macroeconomics?

What does microeconomics primarily analyze?

Which distinction within economics involves advocating 'what ought to be'?

In what areas can economic analysis be applied?

What does macroeconomics analyze as a system?

What are some examples of resources analyzed in macroeconomics?

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