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MCQ Economics Class 12 Chapter 4 Determination of Income & Employment

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Macroeconomics

MCQ’s For All Chapters – Macroeconomics Class 12th

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1. Which of the following indicates AD in an open economy?

Question 1 of 15

2. Consumption function is a functional relationship between:

Question 2 of 15

3. Propensity to consume means:

Question 3 of 15

4. Average propensity to consume (APC) equal to :

Question 4 of 15

5. MPC being equal to 0.5, what will be , if income increases by Rs.100?

Question 5 of 15

6. Propensity to save means:

Question 6 of 15

7. If MPS is 0.6,what will be ∆S when income increases by Rs.100 ?

Question 7 of 15

8. Average propensity (APS) is equal to:

Question 8 of 15

9.

Which of the following is correct ?

Question 9 of 15

10. If MPC is 40 per cent, MPS will be

Question 10 of 15

11. Since As= C+S and AD=C+I the equilibrium will be established where C+S= C+I, or where:

Question 11 of 15

12. Equilibrium level of income/ output and employment is viewed from which of the following approaches ?

Question 12 of 15

13. On account of injections and withdrawals, equilibrium level of income undergoes :

Question 13 of 15

14. According to Keynes, equality (equilibrium) between AD and AS can take place in a situation

Question 14 of 15

15. If MPC = 0.9, than value of multiplier will be:

Question 15 of 15

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  1. Mansi Wadhwani says:
    November 18, 2024 at 7:56 am

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