Microeconomics is useful to the government.

Ans. Microeconomics is useful to the government in the following ways.

(i) Microeconomics helps the government in framing economic policies such as tax policy, public expenditure policy, price policy, etc.


(ii) Microeconomics also guides government in attaining the goal of efficient allocation of resources and economic welfare of society. 
Omtex App. Free For Students.

PDF FILE TO YOUR EMAIL IMMEDIATELY.
PURCHASE NOTES & PAPER SOLUTION.
@ Rs. 50/- each
 ENGLISH  ACCOUNTS  ECONOMICS  ORGANISATION OF COMMERCE & MANAGEMENT  SECRETARIAL PRACTICE  SCIENCE PAPER SOLUTION  HISTORY POLITICAL SCIENCE  GEOGRAPHY ECONOMICS  ALGEBRA PAPER SOLUTION  GEOMETRY PAPER SOLUTION  ALGEBRA