Question

Q. 5. State with reasons whether you agree or
disagree with the following statements :
nent
1) The scope of micro economics is unlimited.
2) Macro economics deals with the study of
individual behaviour.
3) Macro economics is different from micro
economics.
4) Micro economics uses slicing method.
cro
5) Micro economics is known as Income theory.​

Answer 1

Answer:

3 macroeconomics is different from microeconomics

Explanation:

Yes I agree with the statement.

Microeconomics studies the behavior of an individual consumer, firm and producer in the economy.

On the other hand, macroeconomics studies the aggregate units of the economy like national income, employment,etc.