Practicing Success
Read the following statements - Assertion (A) and Reason (R): |
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A). Assertion (A) is true but Reason (R) is false. Assertion (A) is false but Reason (R) is true. |
Assertion (A) is false but Reason (R) is true. |
The correct answer is option 4 :Assertion (A) is false but Reason (R) is true. Assertion: Macroeconomics does not have deep roots in Microeconomics. This is incorrect. Macroeconomics has deep roots in microeconomics because it has to study the aggregate effects of the forces of demand and supply in the markets. Microeconomic principles like supply and demand form the foundation for understanding how individual markets behave. Macroeconomics then builds upon these microeconomic concepts to analyze how these individual behaviors aggregate and influence the entire economy.
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