Introduction to Macroeconomics Class 12 MCQs Questions with Answers

1. If PPC shifts to right, it means

2. When did the great depression occur?

3. The central problem of an economy is:

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

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

6. Domestic factor income is another name for:

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

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

9. Study of aggregates is known as _________

10. Economy may be classified as:

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

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

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

14. The formula for calculating investment multiplier is

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

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

17. What is another name for the service sector?

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

19. The formula for calculating simple multiplier is

20. Macroeconomics dealt with