State the following statements are true or false. 1) Macro-Economics is known as income analysis.

State the following statements are true or false.

1) Macro-Economics  is known as income analysis.

ANSWER:

True

Explanation:
The above statement is correct. Macroeconomics is also known as the ‘Theory of Income and Employment’, or income analysis, as it focuses on how income and employment levels are determined in an economy.

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