Q.

The term 'Macro Economics' was used by               .

A. J.M. Keynes
B. Ragner Frisch
C. Ragner Nurkse
D. Prof. Knight
Answer» B. Ragner Frisch
Explanation: Ragnar Frisch coined the widely- used term pair macroeconomics/ microeconomics in 1933. He was a Norwegian economist and the co-recipient of the first Nobel Memorial Prize in Economic Sciences in 1969. Fie is known for having founded the discipline of econometrics.
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