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प्रश्न
Distinguish between the following
Slicing method and Lumping method
उत्तर
| Basis of Difference | Slicing Method | Lumping Method |
| 1. Process | It splits up the entire economy into small individual units. | It splits up the entire economy into big lumps (sectors). |
| 2. Used in | It is used in microeconomics for intensive study. | It is used in macroeconomics for intensive study. |
| 3. Variables used in the method | It uses micro variables, for example, individual income and individual output. | It uses macro variables, for example, aggregate output and national income. |
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संबंधित प्रश्न
Distinguish between the following.
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Give reasons or explain the following statement:
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Macro economics is comprehensive in nature.
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Macro-Economics is individualistic
Answer in detail
Explain the scope and subject matter of Macro-Economics.
State the following statement is true or false.
Study of price determination is a subject matter of Macro-Economics.
State the following statement is true or false.
Micro-Economics deals with the study of aggregates.
State the following statement is true or false.
National output is an example of macro variable.
Define or Explain the following concept
Macro variables
Define or Explain the following concept
General equilibrium
Give reason or explain the following statement
Macro-Economics deals with whole economy.
Give reason or explain the following statement
Macro-Economics is different from Micro-Economics.
Define 'or' explain the following concept.
Lumping method
Define or explain the following concept.
Macro economic variables.
Answer the following question.
What is the subject matter of macro economics?
