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Directions: Four alternative summaries are given below the underneath text. Choose the option that best captures the essence of the text.
Overall macroeconomic stability and growth are what the people need. A dead economy with zero inflation might gladden the hearts of central banker counterparts of surgeons who perform successful operations on patients who die. But it would be of little use to the poor and the unemployed.
  • a)
    Macroeconomics accounts for people's perspective on their nation's economy.
  • b)
    An economy is alive only when it grows by benefiting the poor and the unemployed.
  • c)
    The key to a nation's prosperity lies in a vibrant economy.
  • d)
    An inflationary economy is not always bad from a macro-economic development point of view.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Directions: Four alternative summaries are given below the underneath...
Option 1 is incorrect as the paragraph does not state what macroeconomics should accounts for.
Option 2 is incorrect as the question discussed in the paragraph is not about what makes an economy dead or alive. This is not the essence.
Option 3 is correct as the paragraph stresses the need for the economy to be progressive. This is important to achieve growth and prosperity that people need and this can be achieved only from a non-dead or vibrant economy.
Option 4 is not correct. Though it can inferred from the passage that zero inflation is harmful for an economy, it cannot be concluded that an inflationary economy is not always bad.
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Community Answer
Directions: Four alternative summaries are given below the underneath...

Key Points:

- Overall macroeconomic stability and growth are essential for the well-being of the people.
- A stagnant economy with zero inflation does not benefit the poor and unemployed.
- The prosperity of a nation is dependent on a vibrant economy.

Explanation:

Macroeconomic Stability and Growth:
The text emphasizes the importance of overall macroeconomic stability and growth for the well-being of the people. This indicates that a nation's economy must be dynamic and growing to benefit its citizens.

Impact on Poor and Unemployed:
The text highlights that a dead economy with zero inflation may not be useful for the poor and unemployed. This suggests that economic growth is crucial for creating job opportunities and improving the living standards of those in need.

Prosperity of a Nation:
The summary implies that the key to a nation's prosperity lies in having a vibrant economy. A thriving economy can lead to increased investment, employment, and overall improvement in the quality of life for the population.

Therefore, the best summary that captures the essence of the text is option 'C' - "The key to a nation's prosperity lies in a vibrant economy." This option encapsulates the importance of economic vitality for the well-being of the people and the overall development of a nation.
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Directions: Four alternative summaries are given below the underneath text. Choose the option that best captures the essence of the text.Overall macroeconomic stability and growth are what the people need. A dead economy with zero inflation might gladden the hearts of central banker counterparts of surgeons who perform successful operations on patients who die. But it would be of little use to the poor and the unemployed.a)Macroeconomics accounts for people's perspective on their nation's economy.b)An economy is alive only when it grows by benefiting the poor and the unemployed.c)The key to a nation's prosperity lies in a vibrant economy.d)An inflationary economy is not always bad from a macro-economic development point of view.Correct answer is option 'C'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Directions: Four alternative summaries are given below the underneath text. Choose the option that best captures the essence of the text.Overall macroeconomic stability and growth are what the people need. A dead economy with zero inflation might gladden the hearts of central banker counterparts of surgeons who perform successful operations on patients who die. But it would be of little use to the poor and the unemployed.a)Macroeconomics accounts for people's perspective on their nation's economy.b)An economy is alive only when it grows by benefiting the poor and the unemployed.c)The key to a nation's prosperity lies in a vibrant economy.d)An inflationary economy is not always bad from a macro-economic development point of view.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Four alternative summaries are given below the underneath text. Choose the option that best captures the essence of the text.Overall macroeconomic stability and growth are what the people need. A dead economy with zero inflation might gladden the hearts of central banker counterparts of surgeons who perform successful operations on patients who die. But it would be of little use to the poor and the unemployed.a)Macroeconomics accounts for people's perspective on their nation's economy.b)An economy is alive only when it grows by benefiting the poor and the unemployed.c)The key to a nation's prosperity lies in a vibrant economy.d)An inflationary economy is not always bad from a macro-economic development point of view.Correct answer is option 'C'. Can you explain this answer?.
Solutions for Directions: Four alternative summaries are given below the underneath text. Choose the option that best captures the essence of the text.Overall macroeconomic stability and growth are what the people need. A dead economy with zero inflation might gladden the hearts of central banker counterparts of surgeons who perform successful operations on patients who die. But it would be of little use to the poor and the unemployed.a)Macroeconomics accounts for people's perspective on their nation's economy.b)An economy is alive only when it grows by benefiting the poor and the unemployed.c)The key to a nation's prosperity lies in a vibrant economy.d)An inflationary economy is not always bad from a macro-economic development point of view.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
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