Question : Macroeconomics deals with which of the following studies? I. Reasons behind the unemployment of resources. II. Determination of total output.
Option 1: Only I
Option 2: Only II
Option 3: Neither I nor II
Option 4: Both I and II
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Correct Answer: Both I and II
Solution : The correct answer is Both I and II .
I. The reason behind the unemployment of resources.
II. Determination of total output.
A branch of Economics known as macroeconomics studies the composition, dynamics and behaviour of the global economy.
It focuses on things like GDP, national income, pricing levels of different goods and services, inflation, economic growth rate and unemployment rate in a certain nation.
These factors can be the reason for the unemployment of resources and, alternatively, these are also responsible for the determination of total output.
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Question : Comprehension: Read the given passage and answer the questions that follow. Such examples of commercial success, of innovation, drive, vision, determination, adaptability, and adventure are anchored in the basic Indian openness to and talent for
Question : Comprehension:
Read the given passage and answer the questions that follow.
Such examples of commercial success, innovation, drive, vision, determination, adaptability, and adventure are anchored in the basic Indian openness to, and talent for,
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