CBSE Class-12 Economics: Questions 196 - 202 of 523

Get 1 year subscription: Access detailed explanations (illustrated with images and videos) to 523 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. View Sample Explanation or View Features.

Rs. 900.00 or

Question number: 196

» Determination of Income and Employment » Propensity to Consume and Propensity to Save

Appeared in Year: 2010

True-False▾

Following Statement is true or false:

The value of marginal propensity to save can never be negative.

Question number: 197

» Government Budget and the Economy » Measures of Government Deficit

Appeared in Year: 2011

Essay Question▾

Describe in Detail

From the following data about a Government budget, find out (a) Revenue deficit, (b) Fiscal deficit and (c) Primary deficit:

Revenue deficit Fiscal deficit and Primary deficit

In detail Revenue deficit Fiscal deficit and Primary deficit

( Rs. Arab)

Capital receipts net of borrowings

95

Revenue expenditure

100

Interest payments

10

Revenue receipts

80

Capital expenditure

110

Explanation

(a) Revenue Deficit = Revenue Expenditure –Revenue Receipts

100 - 80 = Rs. 20 Arab

(b) Fiscal deficit = Revenue expenditure + Capital expenditure - Revenue receipts - Capital receipts net of borrowings

=100 + 110 – 80 - 95

= Rs. 35 Arab

(C) Primary deficit = Fiscal deficit… (10 more words) …

Question number: 198

» Balance of Payments » Determination of Exchange Rate in a Free Market

Appeared in Year: 2011

Short Answer Question▾

Write in Short

Define cash reserve ratio.

Question number: 199

» Producer Behaviour and Supply » Production Function

Appeared in Year: 2010

True-False▾

Following Statement is true or false:

When marginal product falls, average product will also fall.

Question number: 200

» Government Budget and the Economy » Measures of Government Deficit

Appeared in Year: 2006

Short Answer Question▾

Write in Short

In a government budget, revenue deficit is Rs. 50, 000 crores and borrowings are Rs. 75, 000 crores. How much is the fiscal deficit?

Question number: 201

» Producer Behaviour and Supply » Cost

Appeared in Year: 2009

Essay Question▾

Describe in Detail

Find Total cost and Marginal cost.

Find Total cost and Marginal cost in detail.

Output (units)

Average Variable Cost ( Rs. )

Total Cost ( Rs. )

Marginal Cost ( Rs. )

1

-

60

20

2

18

-

-

3

-

-

18

4

20

120

-

5

22

-

-

Explanation

Calculation of Total cost and Marginal cost.

Calculation of Total cost and Marginal cost in detail.

Output (units)

Average Variable Cost ( Rs. )

Total Cost ( Rs. )

Total Fixed cost ( Rs. )

Total variable cost ( Rs. )

Marginal Cost ( Rs. )

1

20

60

40… (132 more words) …

Question number: 202

» Producer Behaviour and Supply » Production Function

Appeared in Year: 2010

Essay Question▾

Describe in Detail

In an economy 75 percent of the increase in income is spent on consumption. Investment is increased by Rs. 1, 000 crore. Calculate:

(a) Total increase in income

(b) Total increase in consumption expenditure.

Explanation

Increase in income spent on consumption (MPC) = 0.75

Change in investment l = 1000 crore

We know about

K= 11MPC

K= 110.75 =4

K= ΔyΔI

Here value of ΔI and K

4 = Δy1000… (64 more words) …

Sign In