Determination of Income and Employment  Class 12 MCQs Questions with Answers

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

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

3. Which of the following is a Read Investment?

4. Aggregate demand can be increased by:

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

6. Which among is the direct tax?

7. Keynesian multiplier establishes a relationship between:

8. On which concept does classical viewpoint depend?

9. Which of the following is correct?

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

11. The theory of employment multiplier was propounded by:

12. Which factor affects Keynesian Multiplier?

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

14. Keynes derived Investment Multiplier from Kahn’s :

15. The main component of aggregate demand is:

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

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

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

19. What will be APC when APS = 0?

20. With the increase in investment, MEC: