What do you understand production method, Macroeconomics

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Question 1 Discuss the relationship between microeconomics and macroeconomics

Question 2 What do you understand production method? What precaution should be taken while calculating national income with the help of this method?

Question 3 Distinguish between aggregate demand function and aggregate supply function

Question 4 The Phillips curve suggests that a sufficiently high percentage of unemployment is needed for non-inflationary price stability. Discuss

Question 5 With the help of graph discuss the determinants of transaction demand

Question 6 Write a note on the nature and sources of economic growth


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