wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The focus of macroeconomics policy is on _________.

A
price determination in specific markets
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
structure and conduct of market operations
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
addressing the problem of unemployment and inflation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
equity and efficiency
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is B equity and efficiency
The twin- focus of macroeconomics policy are-
1)Equity- Fair and impartial treatment should be provided to all the citizens according to their ability.
2)Efficiency- Wastage of resources should be minimised and resources should be used in the most efficient way in the economy to yield a better productivity.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Micro - Macro
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon