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Introduction to Micro and Macro Economics — Economics STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsEconomicsIntroduction to Micro and Macro Economics2 Marks
Question
Government collect whole information about population through census.
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Answer

Concept : Lumping method / Macro economics.
Explanation : Macro economics use lumping method to study the whole economy rather than its part.
Govern ment collects data through census which gives them details about population such as sex ratio, literacy rate, unemployment rate, age composition, etc.

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