13 Views

Question : Assertion: Macroeconomics focuses on the overall performance and behavior of the economy as a whole.

Reason: Macroeconomics examines aggregate variables such as inflation, unemployment, and economic growth.

Option 1: Both the assertion and reason are true, and the reason is a correct explanation of the assertion.

Option 2: Both the assertion and reason are true, but the reason is not a correct explanation of the assertion.

Option 3: The assertion is true, but the reason is false.

Option 4: The assertion is false, but the reason is true.


Team Careers360 22nd Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Both the assertion and reason are true, and the reason is a correct explanation of the assertion.


Solution : The correct answer is (a) Both the assertion and reason are true, and the reason is a correct explanation of the assertion.

The assertion is true. Macroeconomics is a branch of economics that examines the economy at the aggregate level, studying variables such as national income, economic output, unemployment rates, inflation, and economic growth. It looks at the broader picture of the economy and analyzes the interrelationships between different sectors and markets.

The reason provided is a correct explanation of the assertion. Macroeconomics specifically analyzes these aggregate variables to understand and explain the overall functioning of the economy. It looks at the factors influencing inflation, unemployment levels, and the determinants of economic growth at the national or regional level.

Therefore, the correct answer is Both the assertion and reason are true, and the reason is a correct explanation of the assertion.

Related Questions

Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates and judiciaries
Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
Amity University Noida MBA Ad...
Apply
Amongst top 3% universities globally (QS Rankings) | Ranked among top 10 B-Schools in India by multiple publications
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
MAHE Online MBA
Apply
Apply for Online MBA from Manipal Academy of Higher Education (MAHE)
FLAME University | MBA 2026
Apply
NAAC A++ Grade | MBA program graded A** (National) by CRISIL | AACSB, ACBSP and BGA Member
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books