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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Solved Paper - Economics 2015 Delhi Set-III


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