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Published on: 13/05/2022
QB365 provides detailed and simple solution for every book back questions in class 12 Economics subject.It will helps to get more idea about question pattern in every book back questions with solution.
latest Book back QuestionsDownload Tamil Nadu 12th Standard Economics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Economics Test1 Marks
1.
The average propensity to consume is measured by _____.
C/Y
CxY
Y/C
C+Y
2.
An increase in the marginal propensity to consume will:
Lead to consumption function becoming steeper
Shift the consumption function upwards
Shift the consumption function downwards
Shift savings function upwards
3.
If the Keynesian consumption function is C=10+0.8 Y then, if disposable income is Rs 1000, what is amount of total consumption?
₹ 0.8
₹ 800
₹ 810
₹ 0.81
4.
As national income increases
The APC falls and gets nearer in value to the MPC
The APC increases and diverges in value from the MPC.
The APC stays constant
The APC always approaches infinity
5.
As increase in consumption at any given level of income is likely to lead
Higher aggregate demand
An increase in exports
A fall in taxation revenue
A decrease in import spending
1 Marks
1.
(a)
C/Y
2.
(a)
Lead to consumption function becoming steeper
3.
(c)
₹ 810
4.
(a)
The APC falls and gets nearer in value to the MPC
5.
(a)
Higher aggregate demand
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Biology
Computer Science
Business Maths and Statistics
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Commerce
Accountancy
History
Computer Applications
Biology
Computer Technology
Computer Applications
Computer Science
Business Maths and Statistics
Commerce
Economics
Maths
Chemistry
Physics
Computer Technology
History
Accountancy
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