Class 12 Economics (Macro Economics) Chapter 4 Determination Of Income And Employment Quiz 3 (4 MCQs)

Quiz Instructions

Select an option to see the correct answer instantly.

1. Deflationary gap

Correct Answer: B) Deficient Demand.

2. If income increases from 2500 to 3900 and autonomous investment increases by 350, the MPC Should be

Correct Answer: C) 0.75.

3. National income is determined where

Correct Answer: A) AD=AS.

4. With increase in Income of economy the value of autonomous investment

Correct Answer: C) Remains same.