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National Income Accounting — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsNational Income Accounting1 Mark
Question
Assertion (A): Microeconomics and Macroeconomics are interdependent upon each other. One can not study the two in isolation.
Reason (R): Microeconomics has a smaller degree of aggregation while Macroeconomics has a greater degree of aggregation.
Alternatives:
a) Both Assertion and Reason are true and Reason (R) is the correct explanation of Assertion (A)
b) Both Assertion and Reason are true and Reason (R) is not the correct explanation of Assertion (A)
c) Assertion (A) is False but Reason (R) is True
d) Both of the statements are false
✓

Answer

a)

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