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Economics Questions

This document contains questions related to economics topics such as demand and supply, elasticity, forms of competition, fiscal and monetary policy tools. It asks to explain concepts, calculate values, define terms, and analyze economic statements and scenarios.

Uploaded by

doggogood9
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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25 views6 pages

Economics Questions

This document contains questions related to economics topics such as demand and supply, elasticity, forms of competition, fiscal and monetary policy tools. It asks to explain concepts, calculate values, define terms, and analyze economic statements and scenarios.

Uploaded by

doggogood9
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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DMPoLtam Queluon

DHRRdtiab kuhun law al domand pna


elutiuby demand.
perunit and
iseg tronm 8 to lo its demand
i)Tfpice of Commodits
a

tul by 50/ , What is the PHe elastiihy ofdemand?

OR
DA Company is poduuinq Shirts andJeans.both. Hov wil| an intrease
in the pice of shintwill atfectthe demand for jeans:/

(i)Explain the (oncept of Marginal Rateof Subshtuion by qivingan


enample. Whathappens MXS when conaumer moves dounuards
along the irdiffererme CUve?

ii)heo lbuoing headines appeared inthe neuispaper.


India ae expmt pis stay highon.srong demand"Analyse He
Stateman t uwith eferenxe o the Delationship between Cqillibnium
paiCe and demand

(iv) The quanhty demanded of-a Commodik at a pice of 10 perunit


is40unitsTts
pice elasicdty ofdemandedis -a): The Paice
fall by2 perunit. (alulale the quanhty demandedl of tha
ommodity ar he heuD pice.

V) Thefollowirq headline appeared in the neuwspape


Wheat pce fall after launch of open market Sale" AnalysetHe
Staent oith:eferee to the relaionship between equilibium paie
and Supply
elashcity
will be the of Supply, when due to 201 ise in the poire
v)What
1oD to I50 units
of a Commodity quontily [upply of it inctease tron
pvao the Supply cuve tey the same.

Vi When the paice 0f god X is 6, the Consumer buys l0Dunits ofgods


at ohat paice wbud he bewi lling to purchase 140
units otqoods x

The paice elashtciky_of derand tr qod X is 2


and Moskel
vi)riveone point ot diffevence betuoeen individualsupply
Supply
ix)Dra the Supply Cunves tr the follaoing
u Elasticity_>1
bElauiciky=1
Elashicity =0

XWha doyou mean by CToss Elashiciy of Denmand

K)Explan Components of Ca) Capita) Receipts (b) Revenue Receipts


Xn)Explain all methods of Redempion o f Debt.

XI Explain Immtae of public Experditrre Effect of RLblic Expendituse

XIy) Dehine the toilaping


-iscal Po licy
PaopnHonal Tax
Poqressive Tox
-Reqvessive Tox
plain the follouulng with 1he implicabics
Revenue Deficit
Hscad Deficit-
imy Duficit

16 Define the fo llonoinc


Union Budqe Riblic Dibt
State Budget
|COmpone.ots ofGoven ment Budae
Deficit Hinarcinq
17De
fine he to uing (ost
Paivate Cost
Social Cost
conomic Cast
Money ost
1 Explaun the Relahonship betwen IC, TFC, Tvc

1Explain the Relahonship between Aclavc) L Mc

26-Explain the di-ference between oppoxtunits Cost Acaanting Cas


Explainthe elationship between LAc A LHC
22 Why is MCATc |AvC "u"shaped
23 Why is AFC ecdanqular
hyperbola
4 Deine Monopolistic 4Explain 6 Featusea

26 Explain the equilibium Oftim, whenjtenjous Namal puA}

26. Define Olappoly 26plain its 6eatwes


1Explaun Shutdown Point& biea k even point with the hel p.Ot diaqsam|
28Explain he equilibium of fiom ,when iHincurs losses
24 Deine monopoly A Explun3fecature.

30 Deline
Monopsony 2 Explain 6 featuses of pextec+ ompeti ion
3Explain tauiliboiu of fam in long Run Diaqam not veauised

32 HouUdoes Dooduces atain equilibaium under pexfec lompehition


touqh NR-MC approach

$5 How does praducex atain eqwilibium Under Perfect CompeHiion thrau


R-TC approach

34Expiain Relaionship between


a) TR&MR under periect Compeh ion
b)AR2MR under imperfec (ompeihion

35 Output AvC
C
Cunits)

3 24
13
fimm ateath level oFOtput fron
trom
alculte TVC,TC 2AVC ofa
its Cost shedule
2 3 6 6
OuputCunits 20 IS 12
30
AFC() 28 36 85 43
MC C3 32

346xplain Supply of Monety.


38 6xplain Mengues of money Supply In Tndia..
3 4Epain Coninqent funchon Of Maney

40 6xphin Seconday funchion ofMoney

41 Explain kirds. of Money

42Explain high powereolMoney

43,6xplainInflaHoneyGap Discuss its Coue andexphin maasua


toComelt Excess dlemand. (2 fiscal 2 monetmy measurea

14 Explain Deflaioney Gap Discussits Qause and exphin meaue


toCoect Deficien demond 2fiscal 2moretnu

S Explain Limitaton ofCrealit reaton


66xplain the funcimi of Commeacial Bmk Cental Rank
T
44 Howdoes Cenial Bank onto Coecit using selecHve Gedit Conrol
methods ( Qualitative).
48 Define tollaoirg
-Cash Cvectit Overdraft fatiliteg
-Outoiqht lans Advarces DiscounHnq bills of xchanqe

Investment
xplain the equilibhum level of intome & Output by Savings&
Apprach

50 6xplain Inyeament Muhplier Mechansm with he he)p of Diagam


LTable
6Explain_properHes of onaumphion tuncHon

52omplehe thefolaoinq Table


APS MPS
C S
O
12
20
20
30 28

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