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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.
Define Multiplier.
2.
Define average propensity to save (APS).
3.
Define marginal propensity to consume (MPC).
4.
Define average propensity to consume (APC).
5.
What do you mean by propensity to consume?
1.
Muliplier is the ratio of the change in national income to change in Investment.
K = \(\frac{ΔY}{ΔI}\)
2.
APS is the ratio of saving to income
APS = \(\frac{S}{Y}\)
3.
MPC is the ratio of change in the consumption to the change in income.
MPC = \(\frac{ΔC}{Δ Y}\)
4.
APC is the ratio of consumption expenditure to any particular level of income
APC = \(\frac{C}{Y}\)
5.
It is the proportion of disposable income which individuals spend on consumption.
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Tamilnadu Stateboard 12th Standard Subjects
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Physics
Biology
Computer Science
Business Maths and Statistics
Economics
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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