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Increase in national income is a Micro-Economic goal. (State whether the statement is TRUE or FALSE) |
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Answer» Answer: This given statement, "Increase in national income is a Micro-Economic GOAL." is FALSE. Explanation: This statement is false because increasing national income is a macro economic GOALS. Macro economic goals are the ones which take a look at the employment of a COUNTRY, stability and growth. Increasing national income is one of those FACTORS which are labelled as a goal in ACCORDANCE with how the growth of the country is increased. |
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