TN State Board Samacheer Kalvi Online Test for 12th Std - Economics - English - Theories of Employment and Income

Question 1 Of 10

J.B. say is a ……………

New classical Economist Classical Economist Modern Economist New Economist

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

Structural unemployment is a feature in a ……………

Static society Socialist society Dynamic society Mixed economy

Question 4 Of 10

Keynes theory pursues to replace Laissez Faire by ………………….

No government intervention Maximum intervention State intervention in certain situation . Private Sector Intervention

Question 5 Of 10

Keynes attributes unemployment to ……………………..

A lack of effective supply A lack of effective demand A lack of both None of the above

Question 6 Of 10

Aggregate supply is equal to ………….

‘C + I + G C+S+T + (x-m) C+ S+ T+ (x – m) C+ S+ T+ Rf

Question 7 Of 10

According to keynes, which type of unemployment prevails in capitalist economy?

Full employment Voluntary unemployment Involuntary unemployment Under employment

Question 8 Of 10

………………………….. Flexibility brings equality between saving and investment.

Demand Supply Capital Interest

Question 9 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 10 Of 10

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

Zero One Two Positive

Tamil Nadu State Board ( Samacheer Kalvi ) Online Test based on Book Back Questions - 12th Standard Economics - English Medium - Theories of Employment and Income

Samacheer Kalvi 12th Economics - Theories of Employment and Income - Book Back Questions in English Medium