State the following statement is true or false. Macro-Economic adopts

1.	State the following statement is true or false. Macro-Economic adopts lumping method.Options True False
Answer» True Explanation: Yes. Macroeconomics adopts the lumping method. It splits the entire economy into big lumps; that is, it divides the economy into aggregates for study. It studies how an economy operates as a whole. It focuses on aggregate measures such as aggregate demand, aggregate supply and aggregate price level and studies how these variables are determined and how they change over time.

State the following statement is true or false. Macro-Economic adopts lumping method.Options True False

Answer»

True

Explanation:

Yes. Macroeconomics adopts the lumping method. It splits the entire economy into big lumps; that is, it divides the economy into aggregates for study. It studies how an economy operates as a whole. It focuses on aggregate measures such as aggregate demand, aggregate supply and aggregate price level and studies how these variables are determined and how they change over time.

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State the following statement is true or false. Macro-Economic adopts lumping method.Options True False

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