Question

• Assertion (A): Microeconomics is known as Price theory.
• Reasoning (R): Macro economics is known as Income theory.

Options

• (A) is true but (R) is false.

• (A) is false but (R) is true.

• Both (A) and (R) are true and (R) is the correct explanation of (A).

• Both (A) and (R) are true and (R) is not the correct explanation of (A).

Answer 1

Both (A) and (R) are true and (R) is not the correct explanation of (A).