Determination of Income and Employment · Class 12 Macroeconomics · Chapter 4
📈 Determination of Income and Employment
CBSE Class 12 Humanities & Commerce · Macroeconomics · Chapter 1
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📖Notes Deck
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Download PDF →📝Quick Drill
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Download PDF →📄Exam Paper
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Download PDF →Top question patterns · CBSE annual / SQP aggregate
| 85% | Derive and use the investment multiplier — k = 1/(1 - MPC). MPC 0.8 → k 5 → ΔI 100 cr → ΔY 500 cr. | 6 MARKS |
| 80% | Deflationary / inflationary gap + corrective measures — Define against FE-AS; give BOTH fiscal (G, T) AND monetary (repo, CRR, OMO) measures. | 5 MARKS |
| 70% | Equilibrium income given C and I — AD = AS ⇒ Y* = (c̄ + I)/(1 - MPC). | 4 MARKS |
| 65% | Distinguish APC vs MPC / APS vs MPS / Involuntary vs Voluntary unemployment — Always state ranges + identity MPC + MPS = 1. | 3 MARKS |
| 40% | Ex-ante vs ex-post — Ex-ante = planned; ex-post = actual; equilibrium ⇔ ex-ante S = ex-ante I. | 3 MARKS |
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