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

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Same chapter ke nearby topics ko revise jarur karein. Exam preparation ke liye yeh topics important hain. jisme niche ke ye 16 Topics hain.

16 topics
01 Practice Topic What is Macroeconomics? 600 MCQs 02 Practice Topic Consumption goods, capital goods, final goods, intermediate goods 600 MCQs 03 Practice Topic Stocks and flows 600 MCQs 04 Practice Topic Gross investment and depreciation 600 MCQs 05 Practice Topic Methods of calculating national income - Value Added/Product Method 400 MCQs 06 Practice Topic Methods of calculating national income - Expenditure Method 400 MCQs 07 Practice Topic Methods of calculating national income - Income Method 400 MCQs 08 Practice Topic Aggregates related to national income - GNP 600 MCQs

Circular flow of income: two-sector model Practice Questions

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Question 581/600 Expert Economics National Income and Related Aggregates Circular flow of income: two-sector model Class 12 Level 15

दो-क्षेत्रीय मॉडल में यदि अपेक्षित बिक्री से वास्तविक बिक्री कम रही तो कौन सा कथन सही होगा?

In the two-sector model if actual sales are lower than expected sales which statement is correct?

Explanation opens after your attempt
Correct Answer

A. अनियोजित स्टॉक बढ़ेंगेUnplanned inventories will rise

Step 1

Concept

When actual sales are lower some output remains unsold. This raises unplanned inventories.

Step 2

Why this answer is correct

The correct answer is A. अनियोजित स्टॉक बढ़ेंगे / Unplanned inventories will rise. When actual sales are lower some output remains unsold. This raises unplanned inventories.

Step 3

Exam Tip

वास्तविक बिक्री कम होने पर कुछ उत्पादन अनबिका रह जाता है। इससे अनियोजित स्टॉक बढ़ते हैं।

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Question 582/600 Expert Economics National Income and Related Aggregates Circular flow of income: two-sector model Class 12 Level 15

यदि वास्तविक बिक्री अपेक्षित बिक्री से अधिक रही तो अगली अवधि में फर्मों की संभावना क्या होगी?

If actual sales exceed expected sales what are firms likely to do in the next period?

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Correct Answer

B. उत्पादन बढ़ानाIncrease output

Step 1

Concept

Sales higher than expected reduce inventories. Firms may decide to increase output in the next period.

Step 2

Why this answer is correct

The correct answer is B. उत्पादन बढ़ाना / Increase output. Sales higher than expected reduce inventories. Firms may decide to increase output in the next period.

Step 3

Exam Tip

अपेक्षा से अधिक बिक्री स्टॉक घटाती है। फर्म अगली अवधि में उत्पादन बढ़ाने का निर्णय ले सकती हैं।

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Question 583/600 Expert Economics National Income and Related Aggregates Circular flow of income: two-sector model Class 12 Level 15

दो-क्षेत्रीय मॉडल में यदि (I) स्वायत्त है तो आय बढ़ने पर (I) के बारे में कौन सा कथन सही है?

In the two-sector model if (I) is autonomous which statement about (I) is correct when income rises?

Explanation opens after your attempt
Correct Answer

A. (I) आय के साथ स्वतः बदलना जरूरी नहीं(I) need not automatically change with income

Step 1

Concept

Autonomous investment is assumed independent of income. Therefore it does not automatically change when income changes.

Step 2

Why this answer is correct

The correct answer is A. (I) आय के साथ स्वतः बदलना जरूरी नहीं / (I) need not automatically change with income. Autonomous investment is assumed independent of income. Therefore it does not automatically change when income changes.

Step 3

Exam Tip

स्वायत्त निवेश आय से स्वतंत्र माना जाता है। इसलिए आय बदलने पर वह अपने आप नहीं बदलता।

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Question 584/600 Expert Economics National Income and Related Aggregates Circular flow of income: two-sector model Class 12 Level 15

यदि (C=a+bY) में (b) बढ़ता है तो दो-क्षेत्रीय गुणक पर क्या प्रभाव होगा?

If (b) rises in (C=a+bY) what happens to the two-sector multiplier?

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Correct Answer

B. गुणक बढ़ेगाMultiplier will rise

Step 1

Concept

Here (b) is (MPC). When (MPC) rises leakage falls and the multiplier rises.

Step 2

Why this answer is correct

The correct answer is B. गुणक बढ़ेगा / Multiplier will rise. Here (b) is (MPC). When (MPC) rises leakage falls and the multiplier rises.

Step 3

Exam Tip

यहां (b) (MPC) है। (MPC) बढ़ने पर रिसाव घटता है और गुणक बढ़ता है।

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Question 585/600 Expert Economics National Income and Related Aggregates Circular flow of income: two-sector model Class 12 Level 15

यदि (C=a+bY) में (a) बढ़ता है और (b) स्थिर है तो संतुलन आय पर क्या प्रभाव होगा?

If (a) rises in (C=a+bY) while (b) is constant what happens to equilibrium income?

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Correct Answer

A. आय बढ़ेगीIncome will rise

Step 1

Concept

(a) is autonomous consumption. Its rise increases autonomous expenditure and raises income through the multiplier.

Step 2

Why this answer is correct

The correct answer is A. आय बढ़ेगी / Income will rise. (a) is autonomous consumption. Its rise increases autonomous expenditure and raises income through the multiplier.

Step 3

Exam Tip

(a) स्वायत्त उपभोग है। इसके बढ़ने से स्वायत्त व्यय बढ़ता है और गुणक से आय बढ़ती है।

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Question 586/600 Expert Economics National Income and Related Aggregates Circular flow of income: two-sector model Class 12 Level 15

दो-क्षेत्रीय मॉडल में (S=-a+\left\(1-b\right\)Y) में (\left\(1-b\right\)) क्या दर्शाता है?

In the two-sector model what does (\left\(1-b\right\)) represent in (S=-a+\left\(1-b\right\)Y)?

Explanation opens after your attempt
Correct Answer

B. (MPS)

Step 1

Concept

If (b) is (MPC), (\left\(1-b\right\)) is (MPS). In the saving function its slope shows saving tendency.

Step 2

Why this answer is correct

The correct answer is B. (MPS). If (b) is (MPC), (\left\(1-b\right\)) is (MPS). In the saving function its slope shows saving tendency.

Step 3

Exam Tip

यदि (b) (MPC) है तो (\left\(1-b\right\)) (MPS) होगा। बचत फलन में इसकी ढाल बचत प्रवृत्ति दिखाती है।

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Question 587/600 Expert Economics National Income and Related Aggregates Circular flow of income: two-sector model Class 12 Level 15

यदि उपभोग फलन की ढाल बढ़ती है तो बचत फलन की ढाल पर क्या प्रभाव होगा?

If the slope of the consumption function rises what happens to the slope of the saving function?

Explanation opens after your attempt
Correct Answer

B. वह घटेगीIt will fall

Step 1

Concept

The slope of consumption function is (MPC) and the slope of saving function is (MPS). When (MPC) rises (MPS) falls.

Step 2

Why this answer is correct

The correct answer is B. वह घटेगी / It will fall. The slope of consumption function is (MPC) and the slope of saving function is (MPS). When (MPC) rises (MPS) falls.

Step 3

Exam Tip

उपभोग फलन की ढाल (MPC) है और बचत फलन की ढाल (MPS) है। (MPC) बढ़ने पर (MPS) घटता है।

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Question 588/600 Expert Economics National Income and Related Aggregates Circular flow of income: two-sector model Class 12 Level 15

यदि आय शून्य है और (C=a+bY) है तो (a) का अर्थ क्या है?

If income is zero and (C=a+bY) what does (a) mean?

Explanation opens after your attempt
Correct Answer

B. स्वायत्त उपभोगAutonomous consumption

Step 1

Concept

Even when income is zero (a) shows consumption. Therefore it is called autonomous consumption.

Step 2

Why this answer is correct

The correct answer is B. स्वायत्त उपभोग / Autonomous consumption. Even when income is zero (a) shows consumption. Therefore it is called autonomous consumption.

Step 3

Exam Tip

आय शून्य होने पर भी (a) उपभोग को दिखाता है। इसलिए इसे स्वायत्त उपभोग कहा जाता है।

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Question 589/600 Expert Economics National Income and Related Aggregates Circular flow of income: two-sector model Class 12 Level 15

दो-क्षेत्रीय मॉडल में यदि (Y<C) है तो बचत का चिन्ह कैसा होगा?

In the two-sector model if (Y<C) what will be the sign of saving?

Explanation opens after your attempt
Correct Answer

C. ऋणात्मकNegative

Step 1

Concept

Saving is (S=Y-C). If consumption is greater than income saving will be negative.

Step 2

Why this answer is correct

The correct answer is C. ऋणात्मक / Negative. Saving is (S=Y-C). If consumption is greater than income saving will be negative.

Step 3

Exam Tip

बचत (S=Y-C) है। यदि उपभोग आय से अधिक है तो बचत ऋणात्मक होगी।

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Question 590/600 Expert Economics National Income and Related Aggregates Circular flow of income: two-sector model Class 12 Level 15

यदि (Y>C) है तो दो-क्षेत्रीय मॉडल में परिवारों की बचत कैसी होगी?

If (Y>C) what will household saving be in the two-sector model?

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Correct Answer

C. धनात्मकPositive

Step 1

Concept

When income is greater than consumption the difference is saving. Therefore saving will be positive.

Step 2

Why this answer is correct

The correct answer is C. धनात्मक / Positive. When income is greater than consumption the difference is saving. Therefore saving will be positive.

Step 3

Exam Tip

जब आय उपभोग से अधिक होती है तो अंतर बचत होता है। इसलिए बचत धनात्मक होगी।

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