CBSE Class 12 Determination of Income and Employment Multiple Choice Questions with Answers. MCQ Questions Class 12 Determination of Income and Employment with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 12 Determination of Income and Employment with Answers to know their preparation level.
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MCQ Questions Class 12 Determination of Income and Employment with Answers - Set - 4
Question 1:
The value of Keynesian Investment Multiplier depends on:
(a) Income Level
(b) Marginal Productivity of Capital
(c) Marginal Propensity to Consume
(d) Investment Level
Correct Answer – (C)
Question 2:
Keynesian multiplier establishes a relationship between:
(a) Investment and Income
(b) Income and Consumption
(c) Saving and Investment
(d) None of the above
Correct Answer – (A)
Question 3:
Which one is correct?
(a) Y = C + I
(b) Y = 0 = N
(c) C + S = C + I
(d) All of these
Correct Answer – (D)
Question 4:
According to the saving-investment viewpoint, income employment equilibrium will be determined at a point where:
(a) S > I
(b) I > S
(c) S = I
(d) None of these
Correct Answer – (C)
Question 5:
Which one of the following is the determining factor of Equilibrium Income is the Keynesian Viewpoint?
(a) Aggregate Demand
(b) Aggregate Supply
(c) Both (a) and (b)
(d) None of the above
Correct Answer – (C)
MCQ Questions Class 12 Determination of Income and Employment With Answers
Question 6:
Keynes derived Investment Multiplier from Kahn’s :
(a) Income Multiplier
(b) Consumption Multiplier
(c) Employment Multiplier
(d) None of the above
Correct Answer – (C)
Question 7:
Keynes theory is associated with :
(a) Effective demand
(b) Propensity to consume
(c) Propensity to save
(d) All of these
Correct Answer – (D)
Question 8:
An increase in aggregate demand of equilibrium level of income and employment causes an increase in:
(a) Employment
(b) Production
(c) Income
(d) All of these
Correct Answer – (D)
Question 9:
In Keynesian viewpoint, the equilibrium level of income and employment in the economy will be established where:
(a) AD > AS
(b) AS > AD
(c) AD = AS
(d) None of these
Correct Answer – (C)
Question 10:
“Wage cut maintains full employment in the economy.” Who put forward this view?
(a) Pigou
(b) Keynes
(c) Marshall
(d) None of the above
