ECONOMICS 2005 (Set III—Compartment Delhi)
SECTION - A
Q. 2. Price elasticity of demand of a good is (-) 3. 80 units of this good are bought at a price of Rs. 5 per unit. How many units will be bought at a price of Rs. 4 per unit? Calculate. 3
Q. 3. Explain the effect of 'change in prices of other products' on the supply of the given product. 3
Q. 8. Calculate total variable cost and marginal cost at each given level of output from the following table: 4
SECTION - B
Q. 13. Answer the following questions: 1x4
(i) What is a balance government budget?
(ii) The value of a country's import of goods is Rs. 200 crores and value of export of goods is Rs. 250 crores. Find out its balance of trade.
(iii) Define macroeconomics.
(iv) Give one example showing the difference between micro- economics and macroeconomics.
Q. 14. Given increase in investment of Rs. 100 crores, and marginal propensity to consume equal to 0.8, find out increase in national income. 3
Q. 16. Calculate Net Value Added at Factor Cost from the following data: 3
Q. 22. Calculate (i) Net Domestic Product at Factor Cost, and (ii) Personal Income from the following data: 3+3
Economics 2005 Question Papers Class XII
CBSE 2005 Question Papers Class XII