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
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.
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