Answer:
The study of the overall aspects and workings of a national economy is such as income, output, and the interrelationship among diverse economic sectors. It is the study of all aspects of the economy. It is different from microeconomics, which studies how individual entities (such as people, families, or even corporations) fit in the economy.
Previous Question | Next Question |
What is the Malthusian theory on population? | Is there competition between the producers in Canada? |