Assertion (A): Macro Economics is the study of the economy as a whole. Reason (R): Macro Economics is also known as “Income theory”.(a) Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’ (b) Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’ (c) ‘A’ is true but ‘R’ is false (d) ‘A’ is false but ‘R’ is true

Assertion (A): Macro Economics is the study of the economy as a whole.

1.	Assertion (A): Macro Economics is the study of the economy as a whole. Reason (R): Macro Economics is also known as “Income theory”.(a) Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’ (b) Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’ (c) ‘A’ is true but ‘R’ is false (d) ‘A’ is false but ‘R’ is true
Answer» (a) Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’