Answer-Assertion (A): Macro-economic deals with the study of aggregates and averages. Reason (R): Central...

Macroeconomics is the branch of economics that deals with the structure, performance, behavior, and decision-making of the whole, or aggregate, economy. Hence, statement A is correct. The central issues in Macroeconomics relate to the overall level of employment, growth rate of national output, general price level and stability of the economy. Hence, statement R is correct. Though both the statements are correct but R is not the correct explanation of A. Therefore, B is the right answer.

Question

Assertion (

A : Macro-economic deals with the study of aggregates and averages. Reason (
R : Central problem of macro-economics is the determination of income and employment. Codes: (a) Both A and R are true and R is the correct explanation of A (b) Both A and R are true but R is NOT the correct explanation of A (c) A is true but R is false (d) A is false but R