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Introduction to Micro and Macro Economics — Economics STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsEconomicsIntroduction to Micro and Macro Economics4 Marks
Question
Micro economics is useful to the Government.
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Answer

Yes, I agree with this statement.
Useful to Government : It is useful in formulating and evaluating economic policies including pricing and distribution policies that promote economic welfare. It is useful in determining tax policy, public, expenditure policy, etc.

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