Determination of Income and Employment  Class 12 MCQs Questions with Answers

1. Which among is the direct tax?

2. The main component of aggregate demand is:

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

4. Which of the following is correct?

5. What will be APC when APS = 0?

6. On which concept does classical viewpoint depend?

7. Which of the following is a Read Investment?

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

9. With the increase in investment, MEC:

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

11. The theory of employment multiplier was propounded by:

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

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

14. Which factor affects Keynesian Multiplier?

15. Keynes derived Investment Multiplier from Kahn’s :

16. Aggregate demand can be increased by:

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

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

19. Keynesian multiplier establishes a relationship between:

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