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Some variables are given below. Classify them in a Table based on the two branches of Economics.

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Some variables are given below. Classify them in a Table based on the two branches of Economics.

(i) Utility

(ii) Price level

(iii) Inflation

(iv) Demand for pen Aggregate consumption

(vi) Taxes

(vii) GDP

(viii) Rent

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1 Answer

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Best answer
   Micro Economics    Macro Economics
  • Utility
  • Inflation
  • Price level
  • Aggregate consumption
  • Demand for pen
  • Taxes
  • Rent
  • GDP
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