Introduction to Macroeconomics Class 12 MCQs Questions with Answers

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

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

3. The formula for calculating simple multiplier is

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

5. What is another name for the service sector?

6. The formula for calculating investment multiplier is

7. Domestic factor income is another name for:

8. The central problem of an economy is:

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

10. Macroeconomics dealt with

11. Economy may be classified as:

12. If PPC shifts to right, it means

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

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

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

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

17. Study of aggregates is known as _________

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

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

20. When did the great depression occur?