Please select a subject first
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Assertion (A): There is no restriction on the entry and exit of the firms in the perfectly competitive market.
Reason (R): The perfect competition market is characterised by the sellers being price takers and not price makers.
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Green NNP is equals to ______
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Find Net National Product at Market Price. (3)
| S.no. | Contents | (Rs. in Crores) |
| (i) | Personal Taxes | 200 |
| (ii) | Wages and Salaries | 1,200 |
| (iii) | Undistributed Profit | 50 |
| (iv) | Rent | 300 |
| (v) | Corporate Tax | 200 |
| (vi) | Personal Income | 2,000 |
| (vii) | Interest | 400 |
| (viii) | Net Indirect Tax | 300 |
| (ix) | Net Factor 'Income from Abroad | 20 |
| (x) | Profit | 500 |
| (xi) | Social Security Contribution by Employers | 250 |
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In case of ______ supply curve is a vertical straight line parallel to Y-axis.
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If in an economy the value of Net Factor Income from Abroad is ₹ 200 crores and the value of Factor Income to Abroad is ₹ 40 crores. Identify the value of Factor Income from Abroad ______
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Calculate the Net National Product at Market Price from the given details
| S.no. | Contents | (Rs. in Crores) |
| (i) | Mixed income of self-employed | 8,000 |
| (ii) | Depredation | 200 |
| (iii) | Profit | 1,000 |
| (iv) | Rent | 600 |
| (v) | Interest | 700 |
| (vi) | Compensation of employees | 3,000 |
| (vii) | Net indirect taxes | 500 |
| (viii) | Net factor income to abroad | 60 |
| (ix) | Net exports | (-) 50 |
| (x) | Net current transfers to abroad | 20 |
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If the price of good X rises and it leads to an increase in demand for good Y, both are ______ goods.
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We say that there is a decrease in demand when ______
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Level of planned output coincides with planned expenditure when ______
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Which of the following points relates to the transaction demand for money?
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Purchase of shares is related to ______
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There is a sudden change in climatic conditions resulting in hot weather. Assuming no change in the price of the cold drinks, it will lead to ______
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Law of demand states the ______ relationship between price and quantity demanded.
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Calculate Investment expenditure from the following data about an economy that is in equilibrium.
National Income = Rs 1,000
Marginal Propensity to Save = 0.20
Autonomous consumption expenditure = Rs 100
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Measure the level of ex-ante aggregate demand when autonomous investment and consumption expenditure (1) is Rs 50 crores, MPS is 0.2 and the level of income (Y) is Rs 4000 crores.
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Which of the following points are related to the 'Paradox of Thrift'?
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The government uses ______ as proxy for income of households to identify the poor.
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Increase in price of substitute goods leads to ______
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From the set of statements given in Column A and Column B, choose the correct pair of statement:
| Column A | Column B |
| 1. Reduction of pollution | (a) Microeconomics |
| 2. Problems due to unemployment | (b) Microeconomics |
| 3. Shift in the demand curve | (c) Microeconomics |
| 4. Government expenditure on building of roads | (d) Microeconomics |
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Are the concepts of demand for domestic goods and domestic demand for goods the same?
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