Solved papers for 12th Class Economics Solved Paper - Economics 2015 Delhi Set-II

done Solved Paper - Economics 2015 Delhi Set-II Total Questions - 7

  • question_answer1) Give equation of Budget Set.

    View Answer play_arrow
  • question_answer2) 
    Giving reason comment on the shape of Production Possibilities curve based on the following schedule:
    Good X (units) Good Y (units)
    0 8
    1 6
    2 4
    3 2
    4 0

    View Answer play_arrow
  • question_answer3) A consumer spends Rs. 60 on a good priced at Rs. 5 per unit. When price falls by 20 percent, the consumer continues to spend Rs. 60 on the good. Calculate price elasticity of demand by percentage method.

    View Answer play_arrow
  • question_answer4) 
    Market for a good is in equilibrium. The demand for the good 'decreases'. Explain the chain of effects of this change.

    View Answer play_arrow
  • question_answer5) If the Nominal GDP is Rs. 1,200 and Price Index (with base = 100) is 120, calculate Real GDP.

    View Answer play_arrow
  • question_answer6) 
    An economy is in equilibrium. Find 'autonomous consumption' from the following:
    National income = 1,000
    Marginal propensity to consume = 0.8
    Investment expenditure = 100

    View Answer play_arrow
  • question_answer7) 
    Calculate ?Gross National Product at Market Price:
                                                        (Rs. crores)
    (i) Rent 100
    (ii) Net current transfers to rest of the world 30
    (iii) Social security contributions capital formation  47
    (iv) Mixed income 600
    (v) Gross domestic capital formation 140
    (vi) Royalty 20
    (vii) Interest 110
    (viii) Compensation of employees 500
    (ix) Net domestic capital formation 120
    (x) Net factor income from abroad (-) 10
    (xi) Net indirect tax 150
    (xii) Profit 200

    View Answer play_arrow

Study Package

Solved Paper - Economics 2015 Delhi Set-II


You need to login to perform this action.
You will be redirected in 3 sec spinner