Solved papers for 12th Class Economics Solved Paper - Economics 2014 Outside Delhi Set-II

done Solved Paper - Economics 2014 Outside Delhi Set-II Total Questions - 8

• question_answer1) Give the meaning of 'inelastic demand'.
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• question_answer2) Define marginal revenue.
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• question_answer3) How does change in price of a substitute good affect the demand of the given good? Explain with the help of an example.
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• question_answer4) What is floating exchange rate?
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• question_answer5) Define deflationary gap.
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• question_answer6) When foreign exchange rate in a country is on the rise, what impact is it likely to have on imports and how?
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• question_answer7) 

  Calculate investment expenditure from the following date about an economy which is in equilibrium.

  National Income                                              = 1000

  Marginal propensity to save                             = 0.20

  Autonomous consumption expenditure           = 100

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• question_answer8) 

  Calculate 'National Income' from the following:
  (Rs. in Arab)
  (i)	Net change in stocks	50
  (ii)	Government final consumption expenditure	100
  (iii)	Net current transfers to abroad	30
  (iv)	Gross domestic fixed capital formation	200
  (v)	Private final consumption expenditure	500
  (vi)	Net imports	40
  (vii)	Depreciation	70
  (viii)	Net factor income to abroad	(-) 10
  (ix)	Net indirect tax	120
  (x)	Net capital transfers to abroad	25

   
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