Multiple Choice Questions (MCQs) for Class 12 Economics: Chapter 04 Determination of Income and Employment
Explore reliable objective questions for Chapter 04 Determination of Income and Employment tailored for Class 12 learners. Utilizing these Economics multiple-choice formats ensures thorough preparation and strengthens problem-solving speed for upcoming school assessments.
Practice Chapter 04 Determination of Income and Employment MCQs for Class 12 Economics
Access the complete set of multiple-choice questions for Chapter 04 Determination of Income and Employment below. This focused format allows students to isolate specific topics for thorough review and uninterrupted practice alongside official CBSE textbooks.
Question. If saving function of an economy is S = -50 + 0.25 Y, then the value of MPC is——-
a- 0.25
b- 1.25
c- (-0.25)
d- 0.75
Answer : D
Question. The ratio of change in saving and change in Income is———————-
a- MPC
b- APC
c- MPS
d- APS
Answer : C
Question. When MPC is increasing in the economy, the rate of investment multiplier will———
a- Rise
b- Fall
c- Either rise or fall
d- Neither rise nor fall
Answer : A
Question. If consumption expenditure is equal to the national income, then APS will be?
a- 1
b- o
c- (-1)
d- infinity
Answer : B
Question. If the value of APC is greater than one, APS will be?
a- Negative
b- Zero
c- Greater than one
d- None of the options
Answer : A
Question. Which of the followings value may be negative?
a- MPC
b- MPS
c- APS
d- APC
Answer : C
Question. When MPS value is 0.25 , the value of investment multiplier will be?
a- 1.33
b- 2
c- 5
d- 4
Answer : D
Question. Maximum value of investment multiplier is————- when the value of MPC————
a- Ten, zero
b- infinity, one
c- infinity, zero
d- none of the options
Answer : B
Question. Multiplier is —————— related to the MPS.
a- Negatively
b- directly
c- not
d- rarely
Answer : A
Question. In an economy investment increase by 100 Crores , and MPC is 0.57 , then National income will increase by———-
a- 500
b- 250
c- 570
d- 400
Answer : D
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Practice MCQs for Class 12 Economics Chapter 04 Determination of Income and Employment
Class 12 Economics Chapter 04 Determination of Income and Employment Objective Test Questions
Explore reliable practice questions for Chapter 04 Determination of Income and Employment tailored for Class 12 Economics learners. Use these multiple-choice formats to evaluate preparedness and strengthen problem-solving skills.
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FAQs
You can get most exhaustive CBSE Class 12 Economics Determination of Income and Employment MCQs Set 02 for free on StudiesToday.com. These MCQs for Class 12 Economics are updated for the 2026-27 academic session as per CBSE examination standards.
Yes, our CBSE Class 12 Economics Determination of Income and Employment MCQs Set 02 include the latest type of questions, such as Assertion-Reasoning and Case-based MCQs. 50% of the CBSE paper is now competency-based.
By solving our CBSE Class 12 Economics Determination of Income and Employment MCQs Set 02, Class 12 students can improve their accuracy and speed which is important as objective questions provide a chance to secure 100% marks in the Economics.
Yes, Economics MCQs for Class 12 have answer key and brief explanations to help students understand logic behind the correct option as its important for 2026 competency-focused CBSE exams.
Yes, you can also access online interactive tests for CBSE Class 12 Economics Determination of Income and Employment MCQs Set 02 on StudiesToday.com as they provide instant answers and score to help you track your progress in Economics.