Fill in the blank with appropriate alternative given below. The terms Micro and Macro Economics were first used by _______________.

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The terms Micro and Macro Economics were first used by Ragner Frisch. Ragner Frisch of The University of Oslo was the first person to coin the terms ‘Microeconomics’ and ‘Macroeconomics’ in the year 1993. Since then, these terms are used by economists all over the world.

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