12th Economics Chapter 3 One mark Quiz _ Free Online Test 

  1. chapter - 3
  2. Topic -   Theories of Employment and Income
  3. click here - 12th Economics All Chapter online test 1-12
  4. Click here - 12th Economics book back solutions




1.
Every able-bodied person who is willing to work at the prevailing wage rate is employed called as
2.
Structural unemployment is a feature in a –
3.
In disguised unemployment, the marginal productivity of labour is
4.
The main concention of the Classical Economic Theory is –
5.
J.B. Say is a –
6.
According to Keynes, which type of unemployment prevails in capitalist economy?
7.
The core of the classical theory of employment is –
8.
Keynes attributes unemployment to –
9.
…………………… Flexibility brings equality between saving and investment.
10.
……………………. theory is a turning point in the development of modem economic theory.
11.
The basic concept used in Keynes Theory of Employment and Income is –
12.
The component of aggregate demand is –
13.
Aggregate supply is equal to –
14.
Keynes theory pursues to replace laissez faire by –
15.
In Keynes theory of employment and income, ……………………… is the basic cause of economic depression.
16.
Classical theory advocates –
17.
Keynes theory emphasized on ……………………….. equilibrium.
18.
According to classical theory, rate of interest is a reward for –
19.
lIn Keynes theory, the demand for and supply of money are determined by –
20.
Say’s law stressed the operation of ……………………… in the economy.
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