Question : Assertion: Macroeconomics focuses on the overall performance and behavior of the economy as a whole.
Reason: Macroeconomics examines aggregate variables such as inflation, unemployment, and economic growth.
Option 1: Both the assertion and reason are true, and the reason is a correct explanation of the assertion.
Option 2: Both the assertion and reason are true, but the reason is not a correct explanation of the assertion.
Option 3: The assertion is true, but the reason is false.
Option 4: The assertion is false, but the reason is true.
Correct Answer: Both the assertion and reason are true, and the reason is a correct explanation of the assertion.
Solution : The correct answer is (a) Both the assertion and reason are true, and the reason is a correct explanation of the assertion.
The assertion is true. Macroeconomics is a branch of economics that examines the economy at the aggregate level, studying variables such as national income, economic output, unemployment rates, inflation, and economic growth. It looks at the broader picture of the economy and analyzes the interrelationships between different sectors and markets.
The reason provided is a correct explanation of the assertion. Macroeconomics specifically analyzes these aggregate variables to understand and explain the overall functioning of the economy. It looks at the factors influencing inflation, unemployment levels, and the determinants of economic growth at the national or regional level.
Therefore, the correct answer is Both the assertion and reason are true, and the reason is a correct explanation of the assertion.
