Macroeconomics
Question : Statement 1: Macroeconomics focuses on studying the aggregate level of economic activity, such as GDP and inflation.
Statement 2: Microeconomics analyzes the behavior of individual consumers and producers in the market.
Option 1: Statement 1 is true, and statement 2 is false.
Option 2: Statement 1 is false, and statement 2 is true.
Option 3: Both statements 1 and 2 are true.
Option 4: Both statements 1 and 2 are false.
Correct Answer: Both statements 1 and 2 are true.
Solution : The correct answer is (c) Both statements 1 and 2 are true.
Statement 1 is true: Macroeconomics indeed focuses on studying the aggregate level of economic activity. It examines variables such as Gross Domestic Product (GDP), inflation, unemployment, and
Question : Assertion (A): Both microeconomics and macroeconomics are supplementary to each other. Reason (R): The superiority of one approach over the other can not be claimed.
Option 1: Both A and R are true and R is the correct explanation of A.
Option 2: Both A and R are true but R is not the correct explanation of A.
Option 3: A is true but R is false.
Option 4: A is false but R is correct.
Correct Answer: Both A and R are true and R is the correct explanation of A.
Solution : The study of macroeconomics and microeconomics complement one another. It is impossible to argue that one strategy is better than another. Hence, the correct option is 1.
Question : Statement 1: Microeconomics focuses on the study of individual economic agents and their behavior.
Statement 2: Macroeconomics focuses on the study of the overall performance and behavior of the economy.
Statement 1 is true: Microeconomics indeed focuses on the study of individual economic agents, such as households and firms, and their behavior in making economic decisions.
Statement
Question : The subject of the study of macroeconomics is based on which principle?
Option 1: The principle of national income.
Option 2: The principle of consumer.
Option 3: The principle of producer.
Option 4: The principle of investment.
Correct Answer: The principle of national income.
Solution : The correct answer is The principle of national income.
The study of macroeconomics is closely tied to the concept of national income. Macroeconomics is a branch of Economics that deals with the overall performance, structure, behaviour, and decision-making of an economy
Question : Which of the following is a topic studied in macroeconomics?
Option 1: Elasticity of demand
Option 2: Production possibilities frontier
Option 3: Utility maximization
Option 4: Economic growth
Correct Answer: Economic growth
Solution : The correct answer is (d) Economic growth.
Macroeconomics focuses on the behavior and performance of an entire economy. It examines aggregate variables and phenomena that affect the overall economy as a whole. Economic growth, which refers to the increase in a country's total output
hello kanishka shivran
I hope you are doingn good. With referencde to your query , I would glad to aware you that course structure of bsc honors is made in taking consideration of all major specialised fields of economics one of which most important is macro-economics. So you have to
hello uniktechz,
it is mostly depends on author who wrote or published that book for example if a book is wrote on the mindset or topics related to 11th and 12th so its only for 11th and 12th but if you get graduation micro and macroeconomics book you can get
The Question containing Inaapropriate or Abusive Words
Question lacks the basic details making it difficult to answer
Topic Tagged to the Question are not relevant to Question
Question drives traffic to external sites for promotional or commercial purposes
The Question is not relevant to User
And never miss an important update
