SSC CGL 2022 PYQ — Question 27

SSC CGL - 05 Dec 2022 - Shift 1 • General Awareness • Q27

The subject of the Study of Macro Economics is based on which principle?

Show answer & explanation

Correct answer: D

Explanation

The correct answer is Option 4 i.e.The principle of Investment.

  • The five principles are: economic output, economic growth, unemployment, inflation and deflation, and investment.
  • Macroeconomics focuses on the performance of economies – changes in economic output, inflation, interest and foreign exchange rates, and the balance of payments.
  • Poverty reduction, social equity, and sustainable growth are only possible with sound monetary and fiscal policies.