Introduction to Macroeconomics Class 12 MCQs Questions with Answers

1. If PPC shifts to right, it means

2. Macroeconomics dealt with

3. The formula for calculating simple multiplier is

4. Study of aggregates is known as _________

5. Economy may be classified as:

6. The central problem of an economy is:

7. What is known as the study of individual units?

8. Mr. Sameer Kumar wants to study the national income. Which branch of economics will he have to study?

9. Which of the following is NOT considered a factor income?

10. What is the name of the book written by J.M. Keynes?

11.  Which of the following is studied under Macro Economics ?

12. The basic factors of production are land, labour, capital, and _.

13. When did the great depression occur?

14. Which among the following does not have the application of multiplier?

15. The formula for calculating investment multiplier is

16. When was the famous book of Prof. Keynes published?

17. Domestic factor income is another name for:

18. Who is known as the father of modern macroeconomics?

19. What is the main cause of all economic problems?

20. What is another name for the service sector?