Which of the following are not macroeconomic variables:-

1. Aggregate output
2. General price level
3. Employment of workers in a leather factory
4. Producer's equilibrium

Choose the correct answer from the options given below:

C and D only

Microeconomics examines the different individuals who make up an economy, including the customer, producer, price, and cost. Therefore, consumer behavior, producer's equilibrium, and factor pricing are studied under this head. As, Employment of a worker in a leather factory includes employment of a single worker in a single leather firm of the economy, it will also be included in microeconomics as the following studies the economic problems at the individual unit, a household, a firm, or an industry.  Whereas, the study of aggregates, such as a nation's output, income, and general price levels, are studied under macroeconomics.