Introduction to Macroeconomics Class 12 MCQs Questions with Answers

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

2. When did the great depression occur?

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

4. Domestic factor income is another name for:

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

6. Macroeconomics dealt with

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

8. Study of aggregates is known as _________

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

10. The central problem of an economy is:

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

12. The formula for calculating simple multiplier is

13. Economy may be classified as:

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

15. What is another name for the service sector?

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

17. The formula for calculating investment multiplier is

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

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

20. If PPC shifts to right, it means