1. Individual's purchasing decision 
  2. Low inflation 
  3. Economic growth 
  4. Low unemployment 
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1 Answers

Option 1 : Individual's purchasing decision 

The correct answer is an Individual's purchasing decision.

  • Macroeconomics is the study of the entire industries, structure, performance, behaviour, and economy. (Not only a few companies or individuals)
  • The Goal of Macroeconomics
    • To achieve sustainable economic growth
    • Increasing Productivity
    • Full employment
    • Living standard growth
    • Stability and security 
    • Financial, Social, and Ecological Sustainability

  • Microeconomics is a study of individual, household, and business decisions regarding the allocation of resources and the price of goods and services. 
    • These economics characterized the consumer equilibrium, individual income, and saving.

Confusion Points

  • Macro - Big (Like - All companies in a whole sector)
  • Micro - Small (Like - Individual company)
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