12th Standard Syllabus & Materials
12th Standard
TN 12th Computer Applications மின்னணு தரவு பரிமாற்றம் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications மின் - வணிக பாதுகாப்பு அமைப்புகள் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications மின்னணு செலுத்தல் முறைகள் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications மின் - வணிகம் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications திறந்த மூல கருத்துருக்கள் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications வலையமைப்பு வடமிடல் Sample Question Papers Study Material - QB365 Set A

Published on: 02/09/2022
QB365 provides a detailed and simple solution for every Possible Book Back Questions in Class 12 Economics Subject - Consumption and Investment Functions , English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
Download 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 Test

1.
The term MEC was introduced by
Adam Smith
J.M. Keynes
Ricardo
Malthus
2.
The term super multiplier was first used by
J.R.Hicks
R.G.D. Allen
Kahn
Keynes
3.
According to Keynes, investment is a function of the MEC and ____.
Demand
Supply
Income
Rate of interest
4.
In an open economy import _______ the value of the multiplier
Reduces
increase
does not change
changes
5.
6.
The multiplier is calculated as
1/(1-MPC)
1/MPS
1/MPC
a and b
7.
The multiplier tells us how much _______ changes after a shift in _____.
Consumption, income
investment, output
savings, investment
output, aggregate demand
8.
When investment is assumed autonomous the slope of the AD schedule is determined by the______.
marginal propensity to invest
disposable income
marginal propensity to consume
average propensity to consume
9.
As income increases, consumption will______
fall
not change
fluctuate
increase
10.
The sum of the MPC and MPS is________.
1
2
0.1
1.1
11.
The relationship between total spending on consumption and the total income is the_______.
Consumption function
Savings function
Investment function
aggregate demand function
12.
The MPC is equal to :
Total spending / total consumption
Total consumption / total income
Change in consumption / change in income
none of the above
13.
Lower interest rates are likely to :
Decrease in consumption
increase cost of borrowing
Encourage saving
increase borrowing and spending
14.
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
15.
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
16.
If the Keynesian consumption function is C=10+0.8 Y then, and disposable income is ₹ 100, what is the average propensity to consume?
₹ 0.8
₹ 800
₹ 810
₹ 0.9
17.
If the Keynesian consumption function is C=10+0.8Y then, when disposable income is Rs 100, what is the marginal propensity to consume?
₹ 0.8
₹ 800
₹ 810
₹ 0.81
18.
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
19.
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
20.
The average propensity to consume is measured by _____.
C/Y
CxY
Y/C
C+Y
1.
(b)
J.M. Keynes
2.
(a)
J.R.Hicks
3.
(d)
Rate of interest
4.
(a)
Reduces
5.
(a)
6.
(d)
a and b
7.
(d)
output, aggregate demand
8.
(c)
marginal propensity to consume
9.
(d)
increase
10.
(a)
1
11.
(a)
Consumption function
12.
(c)
Change in consumption / change in income
13.
(d)
increase borrowing and spending
14.
(a)
Higher aggregate demand
15.
(a)
The APC falls and gets nearer in value to the MPC
16.
(d)
₹ 0.9
17.
(a)
₹ 0.8
18.
(c)
₹ 810
19.
(a)
Lead to consumption function becoming steeper
20.
(a)
C/Y
12th Standard Syllabus & Materials
12th Standard
TN 12th Computer Applications களப்பெயர் முறைமை (DNS) Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications வலையமைப்பு எடுத்துக்காட்டுகள் மற்றும் நெறிமுறைகள் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications கணினி வலையமைப்பு ஓர் அறிமுகம் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications PHP-உடன் MySQL-ஐ இணைத்தல் Sample Question Papers Study Material - QB365 Set A
Tamilnadu Stateboard 12th Standard Subjects

Maths

Chemistry

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

Tamil

English

French
Tamilnadu Stateboard Standards