Introduction to Macroeconomics Class 12 MCQs Questions with Answers

1. Economy may be classified as:

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

3. When did the great depression occur?

4. What is another name for the service sector?

5. If PPC shifts to right, it means

6. Macroeconomics dealt with

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

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

9. Domestic factor income is another name for:

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

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

12. The formula for calculating investment multiplier is

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

14. The central problem of an economy is:

15. Study of aggregates is known as _________

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

17. The formula for calculating simple multiplier is

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

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

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