Question

3. Modern Approach is the_____of business economics...
a) Features
b) Importance
c) Scope
d) Objectives​

Answer 1

Answer:

Hope this helps you if this helps you mark my answer as brainlist...

Answer 2

The modern approach is the feature of business economics so option a is the correct answer.

• According to modern approach, economics is divided into two parts, first is microeconomics and second is macroeconomics.
• The new economy emerging today is a revolution in knowledge capital and information explosion.
• Microeconomics includes, determination of prices, consumption, production Exchange, etc.
• On the other hand, macroeconomics deals with the national aggregate for example, national income, total consumption, investment, saving, inflation, total money supply, deflation, etc.