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Assertion (A): Macroeconomics is primarily concerned with the study of aggregate economic phenomena such as total output and price levels.
Reason (R): Microeconomics focuses exclusively on individual markets and does not consider the entire economy.
  • a)
    If both Assertion and Reason are true and Reason is the correct explanation of Assertion
  • b)
    If both Assertion and Reason are true but Reason is not the correct explanation of Assertion
  • c)
    If Assertion is true but Reason is false
  • d)
    If both Assertion and Reason are false
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Assertion (A): Macroeconomics is primarily concerned with the study of...
  • Assertion (A) is true. Macroeconomics indeed studies aggregate economic measures such as total output and price levels.
  • Reason (R) is also true, as it correctly describes the focus of microeconomics, which deals with individual markets.
  • However, Reason (R) does not explain Assertion (A). Macroeconomics and microeconomics are distinct branches, and the focus of one does not serve as an explanation for the focus of the other.
  • Therefore, the correct answer is Option B, as both statements are true but the Reason is not the correct explanation for the Assertion.
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Assertion (A): Macroeconomics is primarily concerned with the study of aggregate economic phenomena such as total output and price levels. Reason (R): Microeconomics focuses exclusively on individual markets and does not consider the entire economy.a)If both Assertion and Reason are true and Reason is the correct explanation of Assertionb)If both Assertion and Reason are true but Reason is not the correct explanation of Assertionc)If Assertion is true but Reason is falsed)If both Assertion and Reason are falseCorrect answer is option 'B'. Can you explain this answer?
Question Description
Assertion (A): Macroeconomics is primarily concerned with the study of aggregate economic phenomena such as total output and price levels. Reason (R): Microeconomics focuses exclusively on individual markets and does not consider the entire economy.a)If both Assertion and Reason are true and Reason is the correct explanation of Assertionb)If both Assertion and Reason are true but Reason is not the correct explanation of Assertionc)If Assertion is true but Reason is falsed)If both Assertion and Reason are falseCorrect answer is option 'B'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Assertion (A): Macroeconomics is primarily concerned with the study of aggregate economic phenomena such as total output and price levels. Reason (R): Microeconomics focuses exclusively on individual markets and does not consider the entire economy.a)If both Assertion and Reason are true and Reason is the correct explanation of Assertionb)If both Assertion and Reason are true but Reason is not the correct explanation of Assertionc)If Assertion is true but Reason is falsed)If both Assertion and Reason are falseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Assertion (A): Macroeconomics is primarily concerned with the study of aggregate economic phenomena such as total output and price levels. Reason (R): Microeconomics focuses exclusively on individual markets and does not consider the entire economy.a)If both Assertion and Reason are true and Reason is the correct explanation of Assertionb)If both Assertion and Reason are true but Reason is not the correct explanation of Assertionc)If Assertion is true but Reason is falsed)If both Assertion and Reason are falseCorrect answer is option 'B'. Can you explain this answer?.
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