determinants of income and employment.

determinants of income and employment.

12th Grade

20 Qs

quiz-placeholder

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quiz on income determination in Macroeconomics class 12

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15 Qs

determinants of income and employment.

determinants of income and employment.

Assessment

Quiz

Other

12th Grade

Hard

Created by

Mishti Ramchandani

Used 6+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

equilibrium level of output is attained where :

AD = AS

S = 0

S = I

Both (a) and (c).

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

investment multiplier is ________ related to MPC and ________ related to MPS.

directly and inversely

inversely and directly

directly and directly

inversely and inversely

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

if MPC is 0.75, then value of multiplier will be ____.

2

3

4

5

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the value of multiplier lies between ___.

0 to infinity

1 to infinity

0 to 1

equal to 1

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

if MPC = 1 , the value of multiplier will be _____.

0

1

infinity

between 0 to 1

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

when AD is greater than AS , inventories ________.

fall

rise

dont change

first fall and then rise

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

when planned saving is less than planned investment , it indicates a situation of _____.

AD >AS

AD<AS

AD=AS

none

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