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Question
To study the impact of increase in CRR on inflation is the subject matter of ___________.
To study the impact of increase in CRR on inflation is the subject matter of ___________.
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Solution
The correct option is D macroeconomics
The study of impact of increase in CRR on inflation is the subject matter of macro economics.
The term ‘Macro’ is derived from the Greek word 'Makro' meaning large. So Macroeconomics is that part of economics which studies the economic problems and issue that are on a large scale. It studies about the performance of the economy as a whole and not of any individual firm or business. It focuses on the study of problems like inflation, unemployment, poverty, etc.
The study of impact of increase in CRR on inflation is the subject matter of macro economics.
The term ‘Macro’ is derived from the Greek word 'Makro' meaning large. So Macroeconomics is that part of economics which studies the economic problems and issue that are on a large scale. It studies about the performance of the economy as a whole and not of any individual firm or business. It focuses on the study of problems like inflation, unemployment, poverty, etc.
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