Which of the following pair is incorrectly matched?
| 1. Microeconomics | It refers to the branch of economics, that deals with the economic problems or economic issues at the level of an individual. |
| 2. Macroeconomics | It refers to the branch of economics dealing with the economic problems or economic issues at the level of an economy as a whole. |
| 3. Economy | It is a system in which and by which people get & living to satisfy their wants |
| 4. Market economy | It is that economy in which the features of both markets and centrally planned economy apply. |
Select the correct answer using the code given below:
1
1, 2, and 4 only
2
4 only
3
3 only
4
2 and 4 only