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प्रश्न
Fill in the blank
Micro and Macro approaches are ________.
पर्याय
competitive
alternative
substitutes
complementary
MCQ
रिकाम्या जागा भरा
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उत्तर
Micro and Macro approaches are complementary.
Explanation:
Micro and macro approaches are complementary. To know well about the working of an economy, one must have the knowledge of both the branches of economics. It can be said that macroeconomics uses the principles of microeconomics as its foundation and the former is a magnified version of the latter.
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