Consumer's Equilibrium and Demand-Demand (CBSE (Central Board of Secondary Education- Board Exam) Class-12 Economics): Questions 58 - 62 of 62

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Question number: 58

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

Essay Question▾

Describe in Detail

Give three sources each of demand and supply of foreign exchange.

Explanation

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Question number: 59

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

Essay Question▾

Describe in Detail

What is meant by ‘excess demand’ for a good? Explain the changes which will bring about equilibrium price.

Explanation

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Question number: 60

» Consumer's Equilibrium and Demand » Demand » Market Demand

Essay Question▾

Describe in Detail

Explain the problem of ‘excess demand’ in an economy with the help of a diagram. Explain the role of bank rate in correcting it.

Explanation

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Question number: 61

» Consumer's Equilibrium and Demand » Demand » Market Demand

Essay Question▾

Describe in Detail

Distinguish between: Individual demand and market demand

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Question number: 62

» Consumer's Equilibrium and Demand » Demand » Market Demand

Essay Question▾

Describe in Detail

Distinguish between: ‘Change in demand’ and ‘change in quantity demanded’

Explanation

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