CBSE (Central Board of Secondary Education- Board Exam) Class-12 Economics: Questions 249 - 258 of 523

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Question number: 249

» Producer Behaviour and Supply » Supply » Supply Schedule

Essay Question▾

Describe in Detail

Give meaning of money supply, State its components.

Explanation

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Question number: 250

» Government Budget and the Economy » Government Budget

Essay Question▾

Describe in Detail

Distinguish between Balanced budget and surplus budget

Explanation

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Question number: 251

» Introductory Microeconomics » Meaning of Microeconomics and Macroeconomics

Short Answer Question▾

Write in Short

Define macroeconomics

Question number: 252

» Producer Behaviour and Supply » Supply » Determinants of Supply

Short Answer Question▾

Write in Short

Give the meaning of aggregate supply.

Question number: 253

» National Income and Related Aggregates » Methods of Calculating National Income » Expenditure Method

Essay Question▾

Describe in Detail

Explain the ‘expenditure’ method of estimating national income.

Explanation

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Question number: 254

» Balance of Payments » Balance of Payments Account

Essay Question▾

Describe in Detail

Distinguish between the current account and the capital account of Balance of Payments. Is import of machinery recorded in current account or capital account? Give reasons for your answer.

Explanation

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Question number: 255

» Consumer's Equilibrium and Demand » Demand » Demand Schedule

Essay Question▾

Describe in Detail

What is ‘deficient demand’ in macroeconomics? Show diagramatically. Explain the role of open market operations in correcting

Explanation

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Question number: 256

» Introductory Microeconomics » Meaning of Microeconomics and Macroeconomics

Short Answer Question▾

Write in Short

Give two examples of microeconomic studies.

Question number: 257

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

Essay Question▾

Describe in Detail

Demand for electricity has “increased”. However supply cannot be increased due to lack of resources. Explain how, in any two ways, demand for electricity can be “decreased”.

Explanation

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Question number: 258

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

Identify the three phases of the Law of Variable Proportions from the following and also give reason behind each phase:

Law of Variable Proportions

Find Law of Variable Proportions

Unit of variable input

Total physical product

1

10

2

22

3

30

4

35

5

30

Explanation

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