Introduction to Macroeconomics Class 12 MCQs Questions with Answers

1. Macroeconomics dealt with

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

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

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

5. Study of aggregates is known as _________

6. If PPC shifts to right, it means

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

8. Economy may be classified as:

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

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

11. Domestic factor income is another name for:

12. The central problem of an economy is:

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

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

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

16. When did the great depression occur?

17. The formula for calculating investment multiplier is

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

19. What is another name for the service sector?

20. The formula for calculating simple multiplier is