O-LevelEconomicsThe allocation of resources2281/12 · Oct/Nov 2025 · Q41 Mark

Which combination gives correct examples of macroeconomics and microeconomics? [Table 4.1]

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Astudy of demand for a product, study of price of a product

Bstudy of behaviour of firms, study of individual behaviour

Cstudy of the economy as a whole, study of specific markets

Dstudy of the international economy, study of the national economy

✓ Correct answer

C: study of the economy as a whole, study of specific markets

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Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2025 Paper 1 Variant 2, question 4.

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