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

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

• question_answer1) Define Indifference Map.
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• question_answer2) Distinguish between co-operative and non-cooperative oligopoly.
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• question_answer3) 

  Giving reason comment on the shape of Production Possibilities Curve based on the following table:
  Good X (units)	Good Y (units)
  0	10
  1	9
  2	7
  3	4
  4	0

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• question_answer4) A consumer spends Rs. 400 on a good priced at Rs. 8 per unit. When its price rises by 25 percent, the consumer spends Rs. 500 on the good. Calculate the price elasticity of demand by the Percentage method.
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• question_answer5) If the Nominal GDP is Rs. 600 and Price Index base = 100) is 120, calculate the Real GDP.
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• question_answer6)            

  An economy is in equilibrium. Calculate the national Income from the following:

  Autonomous Consumption = 120

  Marginal Propensity to Save = 0.2

  Investment Expenditure = 150

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• question_answer7) 

  Calculate 'Net Domestic Product at Market Price':
  (Rs. crores)
  (i)	Private final consumption expenditure	400
  (ii)	Opening stock	10
  (iii)	Consumption of fixed capital	25
  (iv)	Imports	15
  (v)	Government final consumption expenditure	90
  (vi)	Net current transfers to rest of the word	5
  (vii)	Gross domestic fixed capital formation	80
  (viii)	Closing stock	20
  (ix)	Exports	10
  (x)	Net factor income to abroad	(-) 5

   
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