Why determination of prices in the agricultural sector is not as issue in Macroeconomics?

Economics Dec 15, 2020

Expert Solution

Determination of prices in the agricultural sector is not a macroeconomic issue because the agricultural sector which produces goods and food items for the people of the country has a provision of subsidy by the government of the country. Government motive is to provide a healthy and a sustainable economy is to ensure that all the people of the country are provided with basic needs that are provided by the agriculture sector and thus, determining of prices in the agriculture sector is not a highlighted issue in the macroeconomic context

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