Determination of Income and Employment  Class 12 MCQs Questions with Answers

1. Keynes derived Investment Multiplier from Kahn’s :

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

3. The main component of aggregate demand is:

4. On which concept does classical viewpoint depend?

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

6. With the increase in investment, MEC:

7. Keynesian multiplier establishes a relationship between:

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

9. The theory of employment multiplier was propounded by:

10. Which among is the direct tax?

11. Which of the following is correct?

12. What will be APC when APS = 0?

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

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

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

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

17. Which of the following is a Read Investment?

18. Aggregate demand can be increased by:

19. Which factor affects Keynesian Multiplier?

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