Question

National income is the subject matter of ________ Economics. (Micro / Macro / Managerial / Business), Fill in the blank with appropriate alternative given in the bracket.

Answer 1

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here is your answer.....

✔national income is the subject matter of macro economics...

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Answer 2

Answer:

Macroeconomics

Explanation:

As per the question

National income is the subject matter of Macro-Economics

Since national income is the study of the income of nation or economy a whole therefore, it is a subject matter of macroeconomics

Macro economics deals not with individual quantities as such but with aggregate of these quantities not with individual income but with national prices but with the price level not with individual outputs but with the national output.