Which of these is studied in microeconomics?

The rate of inflation in IndiaCorrect answerYour answerIndia's national incomeCorrect answerYour answerUnemployment in the whole economyCorrect answerYour answerHow the price of onions is set in a marketCorrect answerYour answer

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CorrectNot quiteAnswer D

Correct answer: D

The price of one good in one market is an individual market, which is microeconomics.
Inflation, national income and total unemployment are economy-wide aggregates, studied in macroeconomics.

Concept: Micro versus macro topics
Typical timeTypical: 40 s
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The rule this testsMicroeconomics and macroeconomics

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Which of these is studied in microeconomics?

Explanation