Determination of Income and Employment  Class 12 MCQs Questions with Answers

1. Which among is the direct tax?

2. The main component of aggregate demand is:

3. Which of the following is a Read Investment?

4. Which of the following is correct?

5. Who is the author of the book ‘General Theory of Employment, Interest, and Money’?

6. Keynes derived Investment Multiplier from Kahn’s :

7. Which of the following is true for the Classical Theory of Employment?

8. Supply creates its own Demand. Who gave this law?

9. According to classical economists, there always exists ______ equilibrium in the economy.

10. Aggregate demand can be increased by:

11. On which concept does classical viewpoint depend?

12. The theory of employment multiplier was propounded by:

13. Keynesian multiplier establishes a relationship between:

14. According to the saving-investment viewpoint, income employment equilibrium will be determined at a point where:

15. What will be APC when APS = 0?

16. With the increase in investment, MEC:

17. What is a fiscal measure of correcting deficient demand?

18. IF MPC = 0.5, then Multiplier (k) will be:

19. Which factor affects Keynesian Multiplier?

20. If MPC = 0.5 and initial investment is 100 Rs crores, the income generation in the economy will be :