Assertion (A) – In Micro economics decision regarding production of goods can be taken by individual.
Reasoning (R) – Study of macro economics help to understand the problems of developing countries and suggest important steps to achieve economic development.
(i) (A) is true but (R) is false.
(ii) (A) is false but (R) is true.
(iii) Both (A) and (R) are true and (R) is the correct explanation of (A).
(iv) Both (A) and (R) are true and (R) is not the correct explanation of (A).