Micro Economic Aspects from National Angle

The following are the micro economic aspects from a national angle:

1. Per Capita Income of Country
Per capita income is the average income earned by each individual in a country. It is a micro-economic aspect as it focuses on the income of individuals rather than the overall economy. It helps to identify the standard of living of the people in a country and is an important measure of economic development.

2. Capital Output Ratio in Steel Industry
The capital output ratio in the steel industry is a micro-economic aspect as it relates to a specific industry. The ratio represents the amount of capital required to produce a unit of output in the industry. The ratio helps to measure the efficiency of the industry and plays a crucial role in its competitiveness.

3. Income from the Railways
Income from the railways is a micro-economic aspect as it relates to a specific sector of the economy. It represents the revenue earned by the railways through various sources such as passenger fares, freight charges, and other services. It helps to measure the performance of the railways and its contribution to the overall economy.

4. Both B and C
Both the capital output ratio in the steel industry and income from the railways are micro-economic aspects from a national angle as they relate to specific sectors of the economy.

In conclusion, while macro-economic measures such as GDP and inflation are important, micro-economic aspects such as per capita income, industry efficiency, and sector-specific revenue are equally crucial in understanding the overall health of the economy.

Both b and c bcz..... it deals with micro level that is small level