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CBSE Guess > Papers > Question Papers > Class XII > 2005 > Economics > Compartment Delhi Set-II

ECONOMICS 2005 (Set II—Compartment Delhi)


Except for the following questions, all the remaining questions have been asked in Set I.

SECTION - A

Q. 2. Explain the effect of ‘change in prices of inputs used’ on the supply of a product. 3

Q. 3. Price elasticity of demand of a good is (-)1. 60 units of this good are bought at a price of Rs. 8 per unit. At what price will 45 units be bought? Calculate. 3

Q. 7. Explain the chain effect of ‘increase in demand’ on price, demand and supply of a good. Use diagram. 4

Q. 9. Calculate total variable cost and marginal cost at each given level of output from the following table 4

Output (units)
0
1
2
3
4
Total Cost (Rs.)
50
80
108
136
166

SECTION – B

Q. 13. Answer the following questions: 1x4

a)  A country’s balance of trade is Rs. (-) 60 crores and value of import of goods is Rs. 100 crores. Find out the       value of export of goods.
b) What is development expenditure in a government budget?
c) Give one example showing the difference between micro-economics and macroeconomics.

Q. 15. An increase in investment in a country leads to increase in national income by Rs. 200 crores. If marginal propensity to consume is 0.75, how much is the increase in investment? 3

Q. 17. Calculate Net Value Added at Market Price from the following data. 3

 
(Rs. lakhs)
Sales
Purchases of raw materials
Indirect taxes
Consumption of fixed capital
Subsidies
Closing stock
Opening stock
200
50
22
10
4
15
10

Q. 24. Calculate (i) Net Domestic Product at Factor Cost, and (ii) Personal Income from the following data: 3+3

 
(Rs. crores)
(i) Change in stock
(ii) Personal taxes
(iii) Private final consumption expenditure
(iv) Net indirect taxes
(v) Savings of non-departmental enterprises
(vi) Net current transfer from the rest of the world
(vii) Net domestic fixed capital formation
(viii) Net factor income from abroad
(ix) Undistributed profits
(x) current transfers from government
(xi) Corporation tax
(xii) National debt interest
(xiii) Net exports
(xiv) Government final consumption expenditure
(xv) Income from property and entrepreneurship accruing to the government administrative        departments
5
40
480
40
15
(-) 10
70
10
5
20
25
30
(-) 30
100
20
Economics 2005 Question Papers Class XII