Determination of Income and Employment  Class 12 MCQs Questions with Answers

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

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

3. The theory of employment multiplier was propounded by:

4. Aggregate demand can be increased by:

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

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

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

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

9. Keynes derived Investment Multiplier from Kahn’s :

10. What will be APC when APS = 0?

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

12. Which factor affects Keynesian Multiplier?

13. Keynesian multiplier establishes a relationship between:

14. With the increase in investment, MEC:

15. Which of the following is a Read Investment?

16. Which of the following is correct?

17. On which concept does classical viewpoint depend?

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

19. Which among is the direct tax?

20. The main component of aggregate demand is: