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State with reason whether you agree or disagree with the following statement: Macro economics deals with the study of individual behaviour. - Economics

MCQ
True or False

State with reason whether you agree or disagree with the following statement:

Macro economics deals with the study of individual behaviour.

Options

  • Agree

  • Disagree

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Solution

I Disagree with the above statement.

Explanation:

It deals with total employment, national income, national output, total investment, total consumption, total savings, general price level, interest rates, inflation, trade cycles, business fluctuations etc.

Macro economics does not deal with the study of individual behaviour it deals with the whole economy.

Concept: Macro Economics
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APPEARS IN

Balbharati Economics 12th Standard HSC Maharashtra State Board
Chapter 1 Introduction to Micro and Macro Economics
Exercise | Q 5. (2) | Page 7
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