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0 votes
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in Economics by (26.3k points)
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State the following statement is true or false.

Study of price determination is a subject matter of Macro-Economics.

Options 

  • True 
  • False

1 Answer

+1 vote
by (25.0k points)
selected by
 
Best answer

False 

Explanation: 

The statement is incorrect, as price determination is the subject matter of microeconomics. Microeconomics studies how prices are determined in both the commodity and factor markets based on the demand and supply analysis.

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