“Savings are good on an individual’s level but on aggregate basis’s it can affect the
demand of our economy”, there is some contradictions in economics on micro and
macro level. So elaborate above statement and define the reason for studying
macroeconomics separately.
Answers
Answered by
0
Answer:
Hope it's good ans
Explanation:
Macroeconomics study all the factors related with economic aggregates like ... of aggregates of facts, no microeconomics law can be formed. ... a state of movement at a particular level without any change.
Answered by
0
“Savings are good on an individual’s level but on aggregate basis’s it can affect the demand of our economy”
Explanation
Reason for studying macroeconomics separately are:
- To study the main functioning of system of our country.
- To understand the income of workers.
- Savings can be done on the small level because it's good to save for future if we are studying the savings n micro level but if the same point is studied on an macro level then savings can affect the whole economy because if everyone would be savings for future so how would be the economy could maintain the balance between the investments among countries.
Similar questions