Question

Classify the following statement into two branches of economics.

1. Indian economy grew by 9.2% GDP in the financial year 2006. 

2. An unexpected lorry strike caused the price of vegetables to rise. 

3. Recently the RBI reduced the Cash Reserve Ratio to 5.5%. 

4. Madras Cement LTD is planning to add 40 lakh tonne to its existing production capacity of 60 lakh tonnes.

Answer 1

1. Macroeconomics 

2. Microeconomics 

3. Macroeconomics 

4. Microeconomics