Question

Which part of economic theory aims to determine income and employment level of the economy?

पर्याय

• Microeconomics

• Macroeconomics

• Neither (a) nor (b)

• Both (a) and (b)

Answer 1

Macroeconomics

Explanation:

Macroeconomics studies aggregates of the economy as a whole and aims to determine the level of income and employment. Microeconomics studies individual units and price determination.