Solved papers for 12th Class Economics Solved Paper - Economics 2017 Delhi Set-II

done Solved Paper - Economics 2017 Delhi Set-II

  • question_answer1) Explain the problem of 'what to produce'.

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  • question_answer2) A consumer consumes only two goods: Explain the conditions of consumer's equilibrium using utility analysis.

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  • question_answer3)

    X and Y are complementary goods. The price of Y falls. Explain the chain of effects of this change in the market of X.
    Or
    Explain the chain of effect of excess demand of a good on its equilibrium price.

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  • question_answer4) What is revenue deficit?

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  • question_answer5)

    An economy is in equilibrium. From the following data about an economy calculate investment expenditure:
    (i) Income = 10000
    (ii) Marginal propensity to consume =0.9
    (iii) Autonomous consumption =100

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  • question_answer6) Assuming that increase in investment is Rs 800 crore and marginal propensity to consume is 0.8, explain the working of multiplier.

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  • question_answer7)

    Calculate (a) national income
    Shefihere Rs. In Crore
    (a) Net factor income to abroad (-) 50
    (b) Net indirect taxes 800
    (c) Net current transfers from rest of the world 100
    (d) Net importing 200
    (e) Private final consumption expenditure 5000
    (f) Government final consumption expenditure 3000
    (g) Gross domestic capital formation 1000
    (h) Consumption of fixed capital 150
    (i) Change in stock (-) 50
    (j) Mixed income 4000
    (k) Scholarship to students 80

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Solved Ppaer - Economics 2017 Delhi Set-II
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