Question : The main tools of macroeconomics are ___________ and _________.
Option 1: Aggregate demand and aggregate supply
Option 2: Determination of income and employment
Option 3: Both 1 and 2
Option 4: None of the above

Question

Question : The main tools of macroeconomics are ___________ and _________.

Option 1: Aggregate demand and aggregate supply

Option 2: Determination of income and employment

Option 3: Both 1 and 2

Option 4: None of the above

Team Careers360 · Accepted Answer

Correct Answer: Aggregate demand and aggregate supply

Solution : Macroeconomics is the branch of economic theory that examines how aggregates within the economy as a whole behave. As an illustration, consider national income and total consumption. Aggregate supply and demand are its primary tools. Hence, the correct option is 1.

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Question : The main tools of macroeconomics are ___________ and _________.Option 1: Aggregate demand and aggregate supplyOption 2: Determination of income and employmentOption 3: Both 1 and 2Option 4: None of the above

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Question : The main tools of macroeconomics are ___ and _.
Option 1: Aggregate demand and aggregate supply
Option 2: Determination of income and employment
Option 3: Both 1 and 2
Option 4: None of the above

Question : Which of the following statement are true?

According to Keynes, there are two approaches for determining the equilibrium level of income and employment in the economy.

In the contest of determination of equilibrium, AD, AS, savings and investment and

Question : Macroeconomics deals with which of the following studies?
I. Reasons behind the unemployment of resources.
II. Determination of total output.

Question : Which factor affecting price determination is highlighted in the given statement?
Statement: It must reflect the interest of both buyers and sellers.