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“During the boom periods when aggregate demand, national income and prices are high, entrepreneurs tend to make high profits”. This statement shows—a)Effect of micro-economic variables on macro variablesb)Effect of macro-economic variables on micro variablesc)Inter-dependence of micro and macro-economicsd)Both (b) and (c)Correct answer is option 'D'. Can you explain this answer? for CA CPT 2024 is part of CA CPT preparation. The Question and answers have been prepared according to the CA CPT exam syllabus. Information about “During the boom periods when aggregate demand, national income and prices are high, entrepreneurs tend to make high profits”. This statement shows—a)Effect of micro-economic variables on macro variablesb)Effect of macro-economic variables on micro variablesc)Inter-dependence of micro and macro-economicsd)Both (b) and (c)Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA CPT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for “During the boom periods when aggregate demand, national income and prices are high, entrepreneurs tend to make high profits”. This statement shows—a)Effect of micro-economic variables on macro variablesb)Effect of macro-economic variables on micro variablesc)Inter-dependence of micro and macro-economicsd)Both (b) and (c)Correct answer is option 'D'. Can you explain this answer?.

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