Introduction to Macroeconomics Class 12 MCQs Questions with Answers

1. Domestic factor income is another name for:

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

3. Macroeconomics dealt with

4. What is another name for the service sector?

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

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

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

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

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

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

11. Study of aggregates is known as _________

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

13. Economy may be classified as:

14. When did the great depression occur?

15. The formula for calculating simple multiplier is

16. If PPC shifts to right, it means

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

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

19. The central problem of an economy is:

20. The formula for calculating investment multiplier is