What is macro paradox?
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by Simran Grover 5 years, 2 months ago
- 1 answers
Test
Related Questions
Posted by Dipika Sharma 1 year, 4 months ago
- 0 answers
Posted by Nandita Sharma 1 year, 5 months ago
- 1 answers
Posted by Mehar Ansari 1 year, 4 months ago
- 0 answers
Posted by Niyati Garg 1 year, 4 months ago
- 0 answers
Posted by Rijum Karlo 1 year, 4 months ago
- 0 answers
Posted by Shruti Singh 1 year, 5 months ago
- 0 answers
Posted by Naman Jain 1 year, 4 months ago
- 1 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Meghna Thapar 5 years, 2 months ago
An economic paradox occurs when a real-world situation does not align itself with the economic principles and the assumptions of the given theory it falls into. Economic paradoxes have always been common as economic models are developed by observing the economic environment and collecting data, and through hypothesizing situations based on certain assumptions and since markets are dynamic and societies are continuously evolving, practical observations sometimes fail to behave according to the given economic models.
0Thank You