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what is the meaning of micro and macro Related: Key Notes - Chapter 1...
Microeconomics - The study of the allocation of resources and the distribution of income as they are affected bythe workings of the price system and by government policies.
Macroeconomics - The study of the determination of economic aggregates, such as total output, total employment, the price level, and the rate of economic growth.
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what is the meaning of micro and macro Related: Key Notes - Chapter 1 - Introduction (Microeconomics), Class 12, Economics?
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