Question

Increase in national income is a Micro-Economic goal. (State whether the statement is TRUE or FALSE)

Answer 1

Answer:

This given statement, "Increase in national income is a Micro-Economic goal." is FALSE.

Explanation:

This statement is false because increasing national income is a macro economic goals.

Macro economic goals are the ones which take a look at the employment of a country, stability and growth. Increasing national income is one of those factors which are labelled as a goal in accordance with how the growth of the country is increased.