CBSE (Central Board of Secondary Education- Board Exam) Class-12 Economics: Questions 326 - 336 of 523

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Question number: 326

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

Short Answer Question▾

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What is a central bank?

Question number: 327

» National Income and Related Aggregates » National Disposable Income

Essay Question▾

Describe in Detail

Calculate Gross National Product at Market Price an Net National Disposable income from the following data:

Explanation

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Question number: 328

» Producer Behaviour and Supply » Supply » Supply Schedule

Essay Question▾

Describe in Detail

Distinguish between (i) elastic and inelastic supply and (ii) perfectly elastic and perfectly inelastic supply.

Explanation

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Question number: 329

» Producer Behaviour and Supply » Supply » Supply Schedule

Short Answer Question▾

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When exchange rate of foreign currency rises, its supply rises. How? Explain.

Question number: 330

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

Short Answer Question▾

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What is a demand schedule?

Question number: 331

» Market and Price Determination » Market Equilibrium

Essay Question▾

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Given market equilibrium of a good, what are the effects of simultaneous increase in both demand and supply of that good on its equilibrium price and quantity?

Explanation

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Question number: 332

» Market and Price Determination » Market Types

Short Answer Question▾

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Define market.

Question number: 333

» Government Budget and the Economy » Government Budget

Short Answer Question▾

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State any one objective of government budget.

Question number: 334

» Producer Behaviour and Supply » Cost

Essay Question▾

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Distinguish between average cost and marginal cost giving an example.

Explanation

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Question number: 335

» Producer Behaviour and Supply » Cost

Essay Question▾

Describe in Detail

Average variable cost and Marginal Cost

Calculation of Marginal Cost and Average variable cost

Output (units)

Total Variable cost (Rs)

Average variable cost

Marginal cost

1

10

-

-

-

-

8

6

3

27

-

-

-

-

10

13

Explanation

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Question number: 336

» Producer Behaviour and Supply » Supply » Supply Curve

Essay Question▾

Describe in Detail

What is the likely effect on the supply of good if a unit tax is imposed on that good? Explain.

Explanation

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