Determination of Income and Employment  Class 12 MCQs Questions with Answers

1. Which among is the direct tax?

2. With the increase in investment, MEC:

3. Aggregate demand can be increased by:

4. The theory of employment multiplier was propounded by:

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

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

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

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

9. Which factor affects Keynesian Multiplier?

10. On which concept does classical viewpoint depend?

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

12. Which of the following is a Read Investment?

13. Which of the following is correct?

14. Keynes derived Investment Multiplier from Kahn’s :

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

16. What will be APC when APS = 0?

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

18. The main component of aggregate demand is:

19. Keynesian multiplier establishes a relationship between:

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