Select all the correct answers.

which of the following statements are true?

a) economic stability means fair distribution of goods in an economy.

b) full employment is a macroeconomic goal.

c) inflation is a fall in the prices of goods and services.

d) inflation is a rise in the prices of goods and services.

e) microeconomics studies the economy as a whole.

select more than one choice.

random answers or answers with one choice only will be reported!

ANSWER:

The correct options are: B- "Full employment is a macroeconomic goal" and D- "Inflation is the rise in the prices of goods and services".

EXPLANATION:

Macroeconomics studies issues like employment, inflation, poverty, unemployment etc. and so the goals of macroeconomics deal with all such issues. "Full employment" refers to a 'situation' wherein every individual who has the capability to work and earn is provided with a job. Inflation is the "rise of prices" of services and goods . Inflation makes it impossible for most people to buy even the necessary goods and services. Inflation also affects the demand of "goods and services".