Question on: SS1 Economics - Definitions, Scope, Importance And Methodology Of Economics
What is microeconomics?
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A
Study of how economies grow and develop over time
B
Study of how international institutions affect international trade and finance
C
Study of how individuals, households, and firms make decisions about how to allocate their resources
D
Study of how low-income countries can grow and develop economically and reduce poverty
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Correct Option: C
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