List of top Economics Questions on Income and Employment

In order to discourage any fall in Aggregate Demand, the Government of India may ------ the -----. (Choose the correct alternative to fill in the blanks)
Inflationary gap in an economy may exist when ------ at full employment level.
Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below: Assertion (A): Voluntarily unemployed people are those able-bodied people who are not willing to work at the prevailing wage rate. Reason (R): There exists zero involuntary unemployment at full employment level of equilibrium.
“It is necessary to generate employment in the formal sector rather than the informal sector.” Justify the given statement with valid arguments.
Elaborate any two reasons owing to which a lesser number of women are found in regular salaried employment.
Define Casual Wage Labourer.
Read the following statements carefully: 
Statement 1: As per National Sample Survey Organisation (NSSO), unemployment is a situation in which all those who, owing to lack of work, are not working, but seeking work from prospective employers, expressed their willingness to work under the prevailing condition of work and remuneration.
Statement 2: Disguised unemployment is generally a massive problem in a highly populated country like India.
In the light of the given statements, choose the correct alternative from the following:
What is the ex-ante investment?
What is involuntary unemployment?
If the marginal propensity to consume is 0.75, the value of the investment multiplier would be:
Options:
Establish the relationship between Marginal Propensity to Consume and Average Propensity to Consume with the help of an example and diagram.
What is meant by Full Employment?
What is effective demand?
If Marginal Propensity to Consume (MPC) is 0.5, then income multiplier is:
Show the short-run equilibrium income of an economy with a diagram.
What is the meaning of the 'Paradox of Thrift'?
Full employment level of income of an economy is that level of income where:
The Average Propensity to Consume (APC) is measured by: