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Which of the following is studied under Macro Economics ?
National Income
Full. Employment
Total Production
All of these
- National Income:
- This refers to the total value of all goods and services produced by a nation in a specific period.
- It reflects the economic performance and health of a country.
- Full Employment:
- A condition where all eligible individuals who want to work at prevailing wage rates can find employment.
- It is an important goal of macroeconomic policy.
- Total Production:
- Represents the overall output of goods and services in an economy.
- It assesses how much an economy can produce, contributing to its growth prospects.
- Correct Answer: All of these:
- All of these aspects—National Income, Full Employment, and Total Production—are key components studied under macroeconomics.
By: santosh ProfileResourcesReport error
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