GENERAL KNOWLEDGE

GK

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A branch that studies of a group of entire economy or aggregates is
A
Macroeconomics
B
Microeconomics
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Definition: Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on the aggregate changes in the economy such as unemployment, growth rate, gross domestic product and inflation.

Detailed explanation-2: -Macroeconomics is the branch of economics that studies the aggregate units of the economy like national income, employment, etc.

There is 1 question to complete.