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Free MCQ’s Quiz on Class 12 Macro Economics Chapter 4 – Determination of Income and Employment – Set 1

Free MCQ’s Quiz for Class 12 Macro Economics Chapter 4 – Determination of Income and Employment with Answers is prepared based on the latest CBSE Exam Pattern for the Academic Session. Students can solve NCERT based Class 12th Economics – Macro Economics – ‘Determination of Income and Employment’ Multiple Choice Questions with Answers to know their preparation level on the Success Roar Classes website.

Here, we have provided Free MCQ’s Quiz on Class 12 Economics – Macro Economics Chapter 4 – Determination of Income and Employment. Determination of Income and Employment discuss national income calculation in accordance with the premise of fixed final products prices and the constant interest rate in the economy.

To make you perfect in this topic – Determination of Income and Employment, we are here with a set of MCQs Quiz that will help you in brushing up the understanding of the concepts.

Free MCQ’s on Determination of Income and Employment.

Free MCQ’s on Determination of Income and Employment

Results

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#1. ___ refers to total expenditure on the goods and services in an economy during a given period of time.

#2. The main component of aggregate demand is:

#3. Which is the measure of correcting excess demand?

#4. The relation between consumption and savings are

#5. If ex-ante investments are___, the break-even point and equilibrium point in an economy may be the same level of income.

#6. When APS = 0, what will APC be?

#7. What is the excess demand correction measure?

#8. The compulsory payment by the public is referred to as ____ under Government law.

#9. The price will ____ in case of excess demand.

#10. MPC can be ____ than one under abnormal conditions.

Finish

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