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प्रश्न
Give reason or explain the following statement
Macro-Economics deals with whole economy.
उत्तर
Macroeconomics is a branch of economics that studies aggregates covering the entire economy. It studies total employment, national income, national output, aggregate demand, aggregate supply, aggregate consumption and savings and total investment. It studies the entire economy in the context of equilibrium. It studies the behaviour of a number of economic variables at a time and takes into consideration their functional relationship and interdependence. Thus, it can be concluded that macroeconomics deals with the economy as a whole.
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संबंधित प्रश्न
Distinguish between the following.
Revenue expenditure and Capital expenditure.
Give reasons or explain the following statement:
A monopolist can control the supply of goods.
Give reasons or explain the following statement:
Macro economics is comprehensive in nature.
Do you agree with the following statement? Give reason.
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 is different from Micro-Economics.
Distinguish between the following
Slicing method and Lumping method
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?
