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Class 12 Economics (Macro Economics) Chapter 4 Determination Of Income And Employment Quiz 2 (25 MCQs)

Quiz Instructions

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1. What is the value of MPC when MPS is zero?
2. Saving curve intercept on x-axis when
3. APC+APS=?
4. If S=-100+0.25Y and I= 2000, Find equilibrium level of income and consumption expenditure at that level
5. Relation between Multiplier and MPC=
6. Inflationary gap
7. If MPC increases value of multiplier
8. In case of excess demand, the RBI ..... the bank rate or interest rate which makes the credit drear
9. Excess demand is also known as
10. To reduce infaltionary gap Bank rate should be
11. Consumption function is the functional relationship between ..... and .....
12. AD is expressed in terms of
13. At equilibrium income level Savings will be equal to
14. Autonomous consumption and autonomous investment together is known as
15. To correct the excess demand situation using open market operation, RBI
16. Under inflationary gap situation the reserve ratios of the commercial banks are
17. If C=500+0.5b and income is 200, autonomous consumption is
18. Y=C+=?
19. Investment which is not affected by level of income is
20. Inventories level in an economy increases when,
21. Aggregate supply and ..... are always equal.
22. MPC=
23. If MPC=MPS, the value of multiplier will be
24. Components of Aggregate demand are
25. When AD>AS it is situation of
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