Scope of Macro economics a) Consumption function b) Investment function c)Individual demand d) Employment level Options:1) a, b and d 2) b, c &d 4) only c 3) only d
Answers
Answered by
0
Explanation:
Among the various options given in question statement the correct option is the first one.
The factors in which macro economics is involved are consumption function, investment and employment . The consumption of any commodity on big scale does involve the need of investment and employment as well. And macro economics considers all these things when making economic decisions
Answered by
1
The correct option is 1) a, b and d
- Macro-Economics deals with the study of the whole economy. This includes aggregate inputs such as the national income, national performance, national employment, the general price levels, the business cycle.
- Changes in demand and money supply have a significant impact on employment levels. Accordingly, it studies functions of money and related theories. Interest rates for banks and investment are also studied in macroeconomics.
- Macro Economics provides an overall picture of the economy. It brings together and connects different aggregates to show the interrelationship between them.
Similar questions