Which of the following is not an example of macroeconomic policy?
A
Making of Budget
B
Regulation of Monetary Policy
C
Policy for bringing change in Balance of Payment (BOP)
D
None of the above
Correct Option:
D
Explanation
All three listed activities concern macroeconomic management. Government budgeting belongs to fiscal policy, regulation of money and credit belongs to monetary policy, and measures affecting the balance of payments belong to external-sector macroeconomic policy. Therefore none of the first three is outside macroeconomics.
