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

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

• question_answer1) Define Budget Set.
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• question_answer2) Explain the feature 'interdependence of firms' in an oligopoly market.
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• question_answer3) 

  Giving reason comment on the shape of Production Possibilities curve based on the following schedule:
  Good X (units)	Good Y (units)
  0	20
  1	18
  2	14
  3	8
  4	0

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• question_answer4) A consumer spends Rs. 100 on a good priced at Rs. 4 per unit. When price falls by 50 percent, the consumer continues to spend Rs. 100 on the good. Calculate price elasticity of demand by percentage method.
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• question_answer5) If the Real GDP is Rs 300 and Nominal GDP is Rs 330, calculate Price Index (base =100).
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• question_answer6) 

  An economy is in equilibrium. Find Marginal Propensity to Consume from the following:

  National income = 2,000

  Autonomous consumption = 400

  Investment expenditure = 200

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• question_answer7) 

  Calculate 'Net Domestic Product at Factor Cost':
  (Rs. crores)
  (i)	Net current transfers to abroad	15
  (ii)	Private final consumption expenditure	800
  (iii)	New imports	(-) 20
  (iv)	Net domestic capital formation	100

   
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