Match column 1 with appropriate terms in column 2.
| Column 1 | Column 2 |
| i.Micro | a. Large |
| ii. Macro | b. Small |
| iii. Economic agent | c. Firms |
| iv. Equilibrium | d. Supply equal demand |
Answer & explanation
Correct answer: option 2
Micro means small. Macro means large. Economic agents are units which take economic decisions like firms, consumers, banks and government. A market is in equilibrium when market demand is equal to market supply.