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True or False with Reason: Main tools of Macroeconomics are demand and supply.

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Question

True or False with Reason:

Main tools of Macroeconomics are demand and supply.

True or False
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Solution

This statement is false.

Reason:

  • Demand and supply are the main tools of microeconomics.
  • The main tools of macroeconomics are aggregate demand and aggregate supply.
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Chapter 1: Introduction - OBJECTIVE QUESTIONS [Page 1.31]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 1 Introduction
OBJECTIVE QUESTIONS | Q 18. | Page 1.31
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