Match List-I with List-II

List-I	List-II
(A) Macroeconomics	(I) Unlimited.
(B) Human wants	(II) Economics of 'what ought to be'.
(C) Normative Economics	(III) A system by which people of an area earn their living.
(D) Economy	(IV) Studies the problem of choice at the level of the country as a whole.

Choose the correct answer from the options given below:

(A) - (IV), (B) - (I), (C) - (II), (D) - (III) -> Let's understand each match:

(A) Macroeconomics - (IV): Macroeconomics is the branch of economics that studies the economy at an aggregate level, dealing with issues like national income, employment, inflation, and economic growth. It analyzes choices and resource allocation at the level of the country as a whole.

(B) Human wants - (I): A fundamental assumption in economics is that human wants are unlimited and ever-growing, while resources to satisfy them are limited (scarce). This creates the basic economic problem of scarcity and necessitates choice.

(C) Normative Economics - (II): Normative economics deals with value judgments and prescriptive statements. It focuses on 'what ought to be' or 'what should be' rather than 'what is'. It involves subjective opinions about economic policies and outcomes.

(D) Economy - (III): An economy is a systematic organization through which people of a region or area earn their living by producing, distributing, and consuming goods and services. It encompasses all economic activities and institutions. -> correct