Advertisements
Advertisements
Question
State with reason whether you agree or disagree with the following statement:
Macroeconomics deals with the study of individual behaviour.
Options
Agree
Disagree
MCQ
True or False
Advertisements
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. Macroeconomics does not deal with the study of individual behaviour. It deals with the whole economy.
shaalaa.com
Is there an error in this question or solution?
