Multiple choice

Which of the following does not suggest a macro approach for India?

  1. Determining the GNP of India.

  2. Identifying the causes of inflation in India.

  3. Finding the causes of failure of X and Co.

  4. Analysing the causes of failure of an industry in providing large scale employment.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Macroeconomics studies economy-wide aggregates like national output (GNP in A) and economy-wide inflation (B). Option C studies one specific firm (X and Co.) - this is microeconomic analysis of an individual firm, not macroeconomic. Option D studies an entire industry's employment, which is a sectoral/macro level analysis, not micro. Option C is the correct answer as the non-macro approach.

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