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State Whether the Following Statement is True Or False. Micro Economic Theory Assumes Full Employment. - Economics

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प्रश्न

State whether the following statement is TRUE or FALSE.

Micro Economic theory assumes full employment.

पर्याय

  • TRUE

  • FALSE

MCQ
चूक किंवा बरोबर

उत्तर

True

The microeconomic theory is based on many assumptions such as full employment, perfect competition and a laissez-faire style of working. However, these assumptions may not always exist in reality and, consequently, make the validity of microeconomics doubtful.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Introduction to Micro Economics - Exercise 1 [पृष्ठ ६]

APPEARS IN

मायकल वाझ Economics [English] 12 Standard HSC
पाठ 1 Introduction to Micro Economics
Exercise 1 | Q 3.4 | पृष्ठ ६

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