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Economics Circular flow of income: two-sector model MCQ Questions for Class 12 Humanities

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Circular flow of income: two-sector model Practice Questions

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यदि (C=120), (I=60) और संतुलन है तो दो-क्षेत्रीय आय (Y) कितनी होगी?

If (C=120), (I=60) and equilibrium exists what will be two-sector income (Y)?

Explanation opens after your attempt
Correct Answer

C. (180)

Step 1

Concept

In the expenditure identity (Y=C+I). Therefore (Y=120+60=180).

Step 2

Why this answer is correct

The correct answer is C. (180). In the expenditure identity (Y=C+I). Therefore (Y=120+60=180).

Step 3

Exam Tip

व्यय पहचान में (Y=C+I) है। इसलिए (Y=120+60=180) होगा।

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यदि संतुलन आय (500) है और उपभोग (420) है तो निजी निवेश कितना होगा?

If equilibrium income is (500) and consumption is (420) what will private investment be?

Explanation opens after your attempt
Correct Answer

A. (80)

Step 1

Concept

In equilibrium (Y=C+I). Therefore (I=500-420=80).

Step 2

Why this answer is correct

The correct answer is A. (80). In equilibrium (Y=C+I). Therefore (I=500-420=80).

Step 3

Exam Tip

संतुलन में (Y=C+I) होता है। इसलिए (I=500-420=80) होगा।

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दो-क्षेत्रीय मॉडल में यदि स्वायत्त निवेश घटे तो गुणक प्रक्रिया किस दिशा में काम करेगी?

In the two-sector model if autonomous investment falls in which direction will the multiplier process work?

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Correct Answer

A. आय में कई गुना कमी की दिशा मेंTowards multiplied fall in income

Step 1

Concept

A fall in investment reduces initial expenditure. The multiplier process can turn this fall into a multiplied fall in income.

Step 2

Why this answer is correct

The correct answer is A. आय में कई गुना कमी की दिशा में / Towards multiplied fall in income. A fall in investment reduces initial expenditure. The multiplier process can turn this fall into a multiplied fall in income.

Step 3

Exam Tip

निवेश घटने से प्रारंभिक व्यय घटता है। गुणक प्रक्रिया इस कमी को आय में कई गुना घटाव में बदल सकती है।

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यदि (MPC) स्थिर है और स्वायत्त निवेश दो गुना हो जाए तो आय प्रभाव किस पर निर्भर करेगा?

If (MPC) is constant and autonomous investment doubles what will the income effect depend on?

Explanation opens after your attempt
Correct Answer

A. गुणक और निवेश परिवर्तन परOn multiplier and change in investment

Step 1

Concept

Income change is determined by (k) and change in investment. In the two-sector model (k) is determined by (MPC).

Step 2

Why this answer is correct

The correct answer is A. गुणक और निवेश परिवर्तन पर / On multiplier and change in investment. Income change is determined by (k) and change in investment. In the two-sector model (k) is determined by (MPC).

Step 3

Exam Tip

आय परिवर्तन (k) और निवेश परिवर्तन से निर्धारित होता है। दो-क्षेत्रीय मॉडल में (k) (MPC) से तय होता है।

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दो-क्षेत्रीय मॉडल में (MPC) जितना (1) के करीब होगा गुणक के बारे में क्या कहा जाएगा?

In the two-sector model the closer (MPC) is to (1) what can be said about multiplier?

Explanation opens after your attempt
Correct Answer

B. गुणक बड़ा होगाMultiplier will be large

Step 1

Concept

When (MPC) is close to (1), (MPS) is small. Small leakage makes the multiplier large.

Step 2

Why this answer is correct

The correct answer is B. गुणक बड़ा होगा / Multiplier will be large. When (MPC) is close to (1), (MPS) is small. Small leakage makes the multiplier large.

Step 3

Exam Tip

(MPC) (1) के करीब होने पर (MPS) छोटा होता है। छोटा रिसाव गुणक को बड़ा बनाता है।

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दो-क्षेत्रीय मॉडल में यदि (MPC=0) हो तो निवेश वृद्धि का गुणक प्रभाव कैसा होगा?

In the two-sector model if (MPC=0) what will be the multiplier effect of investment rise?

Explanation opens after your attempt
Correct Answer

A. गुणक (1) होगाMultiplier will be (1)

Step 1

Concept

When (MPC=0), \(k=\frac{1}{1-0}=1\). Income effect equals only the initial investment change.

Step 2

Why this answer is correct

The correct answer is A. गुणक (1) होगा / Multiplier will be (1). When (MPC=0), \(k=\frac{1}{1-0}=1\). Income effect equals only the initial investment change.

Step 3

Exam Tip

(MPC=0) होने पर \(k=\frac{1}{1-0}=1\) होगा। आय में केवल प्रारंभिक निवेश के बराबर प्रभाव होगा।

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यदि (MPC=0.5) और स्वायत्त उपभोग (20) बढ़े तो संतुलन आय में परिवर्तन कितना होगा?

If (MPC=0.5) and autonomous consumption rises by (20) what will be the change in equilibrium income?

Explanation opens after your attempt
Correct Answer

C. (40)

Step 1

Concept

At (MPC=0.5) the multiplier is (2). A rise of (20) in autonomous expenditure raises income by (40).

Step 2

Why this answer is correct

The correct answer is C. (40). At (MPC=0.5) the multiplier is (2). A rise of (20) in autonomous expenditure raises income by (40).

Step 3

Exam Tip

(MPC=0.5) पर गुणक (2) है। स्वायत्त व्यय (20) बढ़ने से आय (40) बढ़ेगी।

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यदि (MPS=0.25) और स्वायत्त निवेश (16) घटे तो आय में संभावित परिवर्तन क्या होगा?

If (MPS=0.25) and autonomous investment falls by (16) what will be the possible change in income?

Explanation opens after your attempt
Correct Answer

A. (64) की कमीDecrease by (64)

Step 1

Concept

At (MPS=0.25) the multiplier is (4). A fall of (16) in investment can reduce income by (64).

Step 2

Why this answer is correct

The correct answer is A. (64) की कमी / Decrease by (64). At (MPS=0.25) the multiplier is (4). A fall of (16) in investment can reduce income by (64).

Step 3

Exam Tip

(MPS=0.25) पर गुणक (4) है। निवेश (16) घटने से आय (64) घट सकती है।

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यदि कुल व्यय उत्पादन से अधिक है तो दो-क्षेत्रीय मॉडल में फर्मों की अनियोजित स्टॉक स्थिति कैसी होगी?

If total expenditure is greater than output what will be firms unplanned inventory situation in the two-sector model?

Explanation opens after your attempt
Correct Answer

B. स्टॉक घटेंगेInventories will fall

Step 1

Concept

When expenditure is greater than output demand exceeds available output. Therefore inventories may fall.

Step 2

Why this answer is correct

The correct answer is B. स्टॉक घटेंगे / Inventories will fall. When expenditure is greater than output demand exceeds available output. Therefore inventories may fall.

Step 3

Exam Tip

व्यय उत्पादन से अधिक होने पर मांग उपलब्ध उत्पादन से अधिक होती है। इसलिए स्टॉक घट सकते हैं।

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यदि कुल व्यय उत्पादन से कम है तो दो-क्षेत्रीय मॉडल में फर्म किस दिशा में समायोजन कर सकती हैं?

If total expenditure is less than output in the two-sector model in which direction may firms adjust?

Explanation opens after your attempt
Correct Answer

A. उत्पादन घटाने की दिशा मेंTowards reducing output

Step 1

Concept

When expenditure is low unplanned inventories rise. Firms may reduce output according to demand.

Step 2

Why this answer is correct

The correct answer is A. उत्पादन घटाने की दिशा में / Towards reducing output. When expenditure is low unplanned inventories rise. Firms may reduce output according to demand.

Step 3

Exam Tip

व्यय कम होने पर अनियोजित स्टॉक बढ़ता है। फर्म मांग के अनुसार उत्पादन घटा सकती हैं।

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