List of top Economics Questions on Income and Employment

Under the Keynesian theory, ‘Reference Line’ is a straight line passing through the origin drawn at an angle of ..............
Explain the reasons behind less number of regular salaried employees in rural areas as compared to urban areas.
"Cooperatives have received a setback during the recent past." Justify the given statement with valid explanation.
“It is short-term unemployment occurring, as people transit between jobs.” On the basis of given definition, identify the type of unemployment indicated.
Explain the adjustment mechanism in case ex-ante savings are greater than ex-ante investments.
In an economy; \( C = 200 + 0.75Y \) (where \( C \) is consumption expenditure and \( Y \) is National Income). Investment expenditure is ₹ 4,000 crore. Calculate the following:
(i) Equilibrium level of income.
(ii) Total consumption expenditure at equilibrium income level.
Differentiate between positive externalities and negative externalities.
Differentiate between factor income and transfer income.

On the basis of the given data, compare and analyse the distribution of workforce and its contribution to Gross Value added in India and China.

"In the recent times through various schemes and policies, the Government of India has taken vital initiatives to generate employment directly/indirectly." Justify the statement giving valid arguments.
The situation under which an economy attains economic growth without corresponding rise in employment is known as ____. (Fill up the blank with correct option)

The given chart indicates the problem of ____ in the Indian Economy, post 1990-92. (Choose the correct option to fill up the blank)

To arrive at the value of equilibrium level of income, there must exist an equality between ex-ante ....... and ex-ante .......
Read the following statements: Assertion (A) and Reason (R). Choose one of the correct options given below:
Assertion (A): If the value of Marginal Propensity to Save is 0.5, Marginal Propensity to Consume will be equal to Marginal Propensity to Save.
Reason (R): Sum of Marginal Propensity to Consume and Marginal Propensity to Save always equals to unity.
Suppose for an economy, autonomous consumption stands as ₹100 crore and total consumption is ₹130 crores. The value of induced consumption would be ....... crores.
In the Keynesian Economics, ____ starts from the origin and is always drawn at an angle of 45°.
In Rs. 80,000 Cr. economy Rs. 7000 Crore are invested. If Marginal Propensity to Consume (MPC) in the economy is 0.50 then, (i) How much income will increase and (ii) what will be the total income of the economy ?
State the relation between Multiplier and Marginal propensity to Consume.
What is Full Employment ?
What is Full Employment?
Marginal Propensity to Consume (MPC) =
Explain any three objectives of a Government Budget.
Explain the concept of Net National Product at Market Price and Net National Product at Factor cost. Clarify the difference between them.
What is Investment Multiplier?
What is Say's law of market?