The term technology refers to______________?
Correct answer: A. Application of science to achieve a commercial or industrial objective
- A. Application of science to achieve a commercial or industrial objective
- B. Application of modern science in the country
- C. Science based know low
- D. All of thesePolitical Science Mcqs
Explanation
Technology is the practical application of scientific knowledge and know-how to achieve useful commercial or industrial results. Option a gives the clearest complete definition; the other descriptions are either incomplete or too narrow.
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About Macroeconomics
The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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