CBSE Class 12 Introduction to Macroeconomics Multiple Choice Questions with Answers. MCQ Questions Class 12 Introduction to Macroeconomics with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 12 Introduction to Macroeconomics with Answers to know their preparation level.
Students who are searching for NCERT MCQ Questions Class 12 Introduction to Macroeconomics with Answers are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 12 Introduction to Macroeconomics with Answers. You can also verify your answers from the provided MCQ Class 12 Introduction to Macroeconomics with Answers. So, ace up your preparation with MCQ of Class 12 Economics Examinations.
MCQ Questions Class 12 Introduction to Macroeconomics with Answers - Set - 5
Question 1:
In Keynes consumption theory the chief factor that determines consumption expenditure is
(A) Personal income
(B) Relative income
(C) Permanent income
(D) Disposable income
Correct Answer – (D)
Question 2:
Which among the following does not have the application of multiplier
(A) Determination of income
(B) Fiscal policy
(C) Monetary policy
(D) Foreign direct investment
Correct Answer – (C)
Question 3:
The formula for calculating simple multiplier is
(A) 1/1-MPC
(B) 1/MPC=MPS
(C) 1/1-MPS
(D) 1/MPC+MPS
Correct Answer – (A)
Question 4:
Assumption of PPC is/are:
(a) There are only two goods
(b) Resources are not specific
(c) Resources are fully employed
(d) All of the above
Correct Answer – (D)
Question 5:
PPC can effectively explain the central problem of:
(a) What to produce
(b) How to produce
(c) Economic growth
(d) All of the above
Correct Answer – (D)
MCQ Questions Class 12 Introduction to Macroeconomics With Answers
Question 6:
What is known as the study of individual units?
(A) Macroeconomics
(B) Microeconomics
(C) Income and Employment Theory
(D) Development economics
Correct Answer – (B)
Question 7:
When did the great depression occur?
(A) 1929-30
(B) 1934-35
(C) 1938-39
(D) 1941-42
Correct Answer – (A)
Question 8:
If earthquake takes place, then what will happen to PPC?
(a) Shifts inward
(b) Remains same
(c) Shifts outward
(d) All of the above
Correct Answer – (A)
Question 9:
Price theory deals with:
(a) Product pricing
(b) Factor pricing
(c) Welfare economics
(d) All of the above
Correct Answer – (D)
Question 10:
If PPC shifts to the left, it means:
(a) Resources are destroyed
(b) More unemployment
(c) Use of outdated technology
(d) All of the above
