CBSE Class-12 Economics: Questions 81 - 92 of 523

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Question number: 81

» Determination of Income and Employment » Meaning & Types of Employment & Unemployment

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Give the meaning of involuntary unemployment.

Question number: 82

» Consumer's Equilibrium and Demand » Demand » Elasticity of Demand

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What happens to total expenditure on a commodity when its price falls and its demand is price elastic?

Question number: 83

» Market and Price Determination » Market Types

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What happens to equilibrium price of a commodity if there is ‘decrease’ in its demand and ‘increase’ in its supply?

Question number: 84

» Balance of Payments » Foreign Exchange Rate

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State two sources of supply of foreign currency.

Question number: 85

» Producer Behaviour and Supply » Cost

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Define ‘opportunity cost’.

Question number: 86

» Government Budget and the Economy » Measures of Government Deficit

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Can there be a fiscal deficit in a government budget without a revenue deficit? Explain.

Question number: 87

» Producer Behaviour and Supply » Cost

One Liner Question▾

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Define cost.

Question number: 88

» Market and Price Determination » Market Types

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Explain the implication of the feature ‘Freedom of entry and exit of firms’.

Question number: 89

» Producer Behaviour and Supply » Production Function

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Explain the shape of a production possibility frontier.

Question number: 90

» Money and Banking » Central Bank & Its Functions » Govt. Bank

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State the role of central bank as a banker to the government.

Question number: 91

» Producer Behaviour and Supply » Producer's Equilibrium

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Explain the changes that will take place in the market for a commodity if the prevailing market price is less than the equilibrium price.

Question number: 92

» Government Budget and the Economy » Classification of Receipts

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Categories the following government receipts into revenue and capital receipts. Give reasons for your answer.

(a) Receipts from sale of shares of a public sector undertaking.

(b) Borrowings from public.

(c) Profits of public sector undertakings.

(d) Income tax received by government.

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