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Determination of Income and Employment (MCQs)
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Determination of Income and Employment (MCQs)
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25 Questions

1. If MPS is 0.6,what will be ∆S when income increases by Rs.100 ?
2. Which of the following does not lead to fall in AD ?
3. Which of the following is correct ?
4. A tax the burden of which can be shifted on to others, is called
5. Deficient demand leads to
6. With a view to correcting deflationary gap or deficient demand, which of the following fiscal policy measures should be adopted ?
7. Of the following, what are the quantitative measures of monetary policy ?
8. Multiplier=
9. Which of the following indicates AD in an open economy?
10. According to Keynes, equality (equilibrium) between AD and AS can take place in a situation
11. If MPC = 0, the multiplier will be:
12. Multiplier is estimated as:
13. Propensity to save means:
14. If MPC = 0.9, than value of multiplier will be:
15. Deficient or excess demand can be corrected through
16. If MPC is 40 per cent, MPS will be
17. Deflationary gap is measured as
18. Equilibrium level of income/ output and employment is viewed from which of the following approaches ?
19. Which of the following leads to increase in AD ?
20. MPC being equal to 0.5, what will be , if income increases by Rs.100?
21. The difference between fiscal and interest payment is called
22. If an investment of Rs. 10 crore results in an increase in income by Rs 50 crore, then the multiplier will be:
23. Since As= C+S and AD=C+I the equilibrium will be established where C+S= C+I, or where:
24. On account of injections and withdrawals, equilibrium level of income undergoes
25. If MPS =1/4, the value of multiplier will be

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