TN State Board Samacheer Kalvi Online Test for 11th Std - Economics - English - Theories of Employment and Income

Question 1 Of 10

The core of the classical theory of employment is

Law of Diminishing Return Law of demand Law of markets Law of consumption

Question 2 Of 10

In Keynes theory of employment and income ……………………… is the basic cause of economic depression.

Less production More demand Inelastic supply Less aggregate demand in relation to productive capacity

Question 3 Of 10

Classical theory advocates ………………

Balanced budget Unbalanced budget Surplus budget Deficit budget

Question 4 Of 10

The main concention of the classical Economic Theory is …………..

Under employment Economy is always in the state of equilibrium Demand creates its supply Imperfect competition

Question 5 Of 10

In disguised unemployment, the marginal productivity of labour is ……………..

Zero One Two Positive

Question 6 Of 10

J.B. say is a ……………

New classical Economist Classical Economist Modern Economist New Economist

Question 7 Of 10

Keynes theory emphasized on ………………….. equilibrium.

Very short run Short-run Very long run Long run

Question 8 Of 10

In Keynes theory, the demand for and supply of money are determined by …………………..

Rate of interest Effective demand Aggregate demand Aggregate supply

Question 9 Of 10

…………………. theory is a turning point in the development of modern economic theory.

Keynes Say’s Classical Employment

Question 10 Of 10

The component of aggregate demand is …………………

Personal demand Government expenditure Only export Only import

Tamil Nadu State Board ( Samacheer Kalvi ) Online Test based on Book Back Questions - 11th Standard Economics - English Medium - Theories of Employment and Income

Samacheer Kalvi 11th Economics - Theories of Employment and Income - Book Back Questions in English Medium