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Question : The main tools of macroeconomics are ___________ and _________.

Option 1: Aggregate demand and aggregate supply

Option 2: Determination of income and employment

Option 3: Both 1 and 2

Option 4: None of the above


Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Aggregate demand and aggregate supply


Solution : Macroeconomics is the branch of economic theory that examines how aggregates within the economy as a whole behave. As an illustration, consider national income and total consumption. Aggregate supply and demand are its primary tools. Hence, the correct option is 1.

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