Introduction to Macroeconomics Class 12 MCQs Questions with Answers

1. Macroeconomics dealt with

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

3. Domestic factor income is another name for:

4. The formula for calculating simple multiplier is

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

6. The central problem of an economy is:

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

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

9. What is another name for the service sector?

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

11. The formula for calculating investment multiplier is

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

13. When did the great depression occur?

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

15. Study of aggregates is known as _________

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

17. Economy may be classified as:

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

19. If PPC shifts to right, it means

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