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Question
Income theory is the other name of __________.
Income theory is the other name of __________.
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Solution
The correct option is D macroeconomics
Macroeconomics is also called
Income theory as it studies the relative levels of income, output, employment,
and prices in an economy.
The income theory is a major
aspect of macroeconomics theory. A major task of macroeconomics is the
determination of national income. Macroeconomics studies the factors
determining national income and the causes of the trends in national income.
Macroeconomics is also called Income theory as it studies the relative levels of income, output, employment, and prices in an economy.
The income theory is a major aspect of macroeconomics theory. A major task of macroeconomics is the determination of national income. Macroeconomics studies the factors determining national income and the causes of the trends in national income.
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