Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:
Which of the following option is correct in regard to the given statement?
Macroeconomics takes into account various interlinkages which may exist between the different sectors of an economy.
Options:
True
False
Partially true
Partially false
Correct Answer:
True
Explanation:
Macroeconomics takes into account various interlinkages which may exist between the different sectors of an economy. It talks about how the four major sectors, namely, households, firms, government and external sector are linked to each other and dependent on each other.