Please select a subject first
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Answer the following question.
Explain the central problem for whom to produce.
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Explain how government budget can used to bring in price stability in the economy.
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Government raises its expenditure on producing public goods. Which economic value does it reflect? Explain.
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Explain any one objective of Government Budget.
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A market for a good is in equilibrium. There is simultaneous "increase" both in demand and supply of the good. Explain its effect on the market price
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Market for a good is in equilibrium. There is simultaneous "decrease" both in demand and supply of the good. Explain its effect on market price
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Why do central problems of an economy arise?
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Explain the role of government budget in bringing stability in the economy.
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Explain how government budget can be used to influence the distribution of income?
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Explain how government budget can be helpful in bringing economic stabilization in the economy.
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A market for a good is in equilibrium. The demand for the good 'increases'. Explain the chain of effects of this change.
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A market for a good is in equilibrium. The supply of good "decreases". Explain the chain of effects of this change
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Answer the following question.
Explain how the government can use the budgetary policy in reducing inequalities in incomes.
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Explain the role of the government budget infighting inflationary and deflationary tendencies.
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A market for a product is in equilibrium. Demand for the product "decreases." Explain the chain of effects of this change till the market again reaches equilibrium. Use diagram
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What is meant by 'excess supply' of a good in a market?
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Explain its chain of effects on the market of that good. Use diagram
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Explain the economic stability as objectives of government budget.
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Find Net Value added at Market Price:
|
S.No |
Items |
Amount |
|
(i) |
Depreciation (Rs) |
700 |
|
(ii) |
Output sold (units) |
900 |
|
(iii) |
Price per unit of output (Rs) |
40 |
|
(iv) |
Closing stock (Rs) |
1,000 |
|
(v) |
Opening stocks (Rs) |
800 |
|
(vi) |
Sales tax (Rs) |
3,000 |
|
(vii) |
Intermediate cost (Rs) |
20,000 |
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