Which is not a characteristic of urban life ?
Correct answer: C. informal relationship
- A. Loss of humanistic value
- B. Impersonal relationship
- C. informal relationship
- D. Competition
Explanation
Urban life is commonly associated with impersonal relationships, competition, and weakened traditional or humanistic bonds. Informal relationships are more characteristic of close-knit rural or small-community life.
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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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