Introduction to Macroeconomics Class 12 MCQs Questions with Answers

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

2. Economy may be classified as:

3. Macroeconomics dealt with

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

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

6. The formula for calculating investment multiplier is

7. Study of aggregates is known as _________

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

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

10. The formula for calculating simple multiplier is

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

12. Domestic factor income is another name for:

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

14. What is another name for the service sector?

15. If PPC shifts to right, it means

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

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

18. The central problem of an economy is:

19. When did the great depression occur?

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