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Determination of Income and Employment
- Online Test
Determination of Income and Employment
TEST : 5
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q1.
The value of the multiplier is determined by the
A.
APS
B.
MPC.
C.
APC
D.
MPS
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q2.
Complete the flow
Δ
I
→
Δ
Y
→
Δ
C
→
__________
A.
ΔY
B.
ΔS
C.
ΔD
D.
ΔC
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q3.
If MPC =0.75, then MPS will be
A.
2.5
B.
25.5
C.
1
D.
0.25
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q4.
The formula of investment multiplier in terms of MPC is
A.
K=
1
1
−
A
P
C
B.
K=
1
1
−
M
P
S
C.
K=
1
1
−
A
P
S
D.
K=
1
1
−M
PC
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q5.
The formula of investment multiplier in terms of MPS is
A.
K=
1
1
−
A
P
S
B.
K=
1
1
−
M
P
S
C.
K=
1
M
P
S
D.
K=
1
1
−
A
P
C
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q6.
The equation of saving function is
A.
S=f(Y)
B.
S= -a+(1-b)
C.
C=-a+by.
D.
S = -a+ (1-b) Y
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q7.
S = -a+(1-b)Y is a
A.
Algebraic function of the level of Savings
B.
Linear function of the level of Savings and Consumption expenditure
C.
Algebraic function of the level of Savings and capital expenditure
D.
Algebraic function of the level of Savings and Investment expenditure
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q8.
If the initial increase in the investment is Rs 1000 and MPC=0.8, the multiplier will be
A.
5.0
B.
4
C.
3
D.
6
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q9.
The Breakeven level of an economy is
A.
C = I
B.
C= Y
C.
AD = AS
D.
C = AD
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
# Determination of Income and Employment
# CBSE 12TH Economics
Prepare / Learn
Q10.
In C= -c+b(Y), ‘C’ denotes
A.
Capital expenditure
B.
Collateral expenditure
C.
Central expenditure
D.
Consumption expenditure
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
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