Question

Assertion (A): Macro-economic analysis shows how the general price level is determined.

Reasoning (R): It deals with determination of the prices of goods and services as well as factors of production.

Options

• (A) is True but (R) is False.

• (A) is False but (R) is True.

• Both (A) and (R) are True and (R) is the correct explanation of (A).

• Both (A) and (R) are True and (R) is not the correct explanation of (A).

Answer 1

(A) is True but (R) is False.