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Theories of Employment and Income — Economics STD 12 — Question

Tamilnadu BoardEnglish MediumSTD 12EconomicsTheories of Employment and Income1 Mark
MCQ
(i) Aggregate demand has the four components are consumption demand, investment demand, Government expenditure and Net export.
(ii) Aggregate demand refers to the required amount of labourers and materials to produce the neccessary output
  • A
    Both (i) and (ii) are true
  • B
    Both (i) and (ii) are false
  • ✓
    (i) is true but (ii) is false
  • D
    (i) is false but (ii) is true
✓

Answer

Correct option: C.
(i) is true but (ii) is false
(i) is true but (ii) is false

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