CBSE (Central Board of Secondary Education) Class-12 Economics: Questions 82 - 93 of 522
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Question 82
Question 83
Write in Brief One Liner▾
What happens to total expenditure on a commodity when its price falls and its demand is price elastic?
EditQuestion 84
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What happens to equilibrium price of a commodity if there is ‘decrease’ in its demand and ‘increase’ in its supply?
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Question 86
Question 87
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Can there be a fiscal deficit in a government budget without a revenue deficit? Explain.
EditQuestion 89
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Explain the implication of the feature ‘Freedom of entry and exit of firms’ .
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Question 91
Question 92
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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.
EditQuestion 93
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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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