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HSC Arts (English Medium) १२ वीं कक्षा - Maharashtra State Board Question Bank Solutions for Economics

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Economics
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Fill in the blank with appropriate alternatives given below

That part of income, which is not spent on consumption, is called __________. 

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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Match the following Group:

Group A Group B
1) Aggregate Supply a) Expected receipts
2) Autonomous Investment b) Lord J. M. Keynes
3) Consumption  c) Government Investment
4) A.P.C. d) ΔC/ΔY
5) Investment  e) C/Y
    f) Addition to stock of capital
    g) Destruction of utility
[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
Concept: undefined >> undefined

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State whether the following statement is true or false.

The equality between aggregate demand and aggregate supply determines the equilibrium level of employment.

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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Define or Explain the following concept:

Aggregate Demand

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
Concept: undefined >> undefined

Define or Explain the following concept:

Aggregate Supply

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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Give reason or explain.

Aggregate demand is a positive function of the level of employment and output.

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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Distinguish between:

Aggregate Demand and Aggregate Supply

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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Write Short note on:

Average Propensity to Consume

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
Concept: undefined >> undefined

Write Short note on:

Marginal Propensity to Consume

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
Concept: undefined >> undefined

Answer the following question:
What are the determinants of Aggregate Demand (AD)?

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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Answer the following question:
What are the determinants of Aggregate Supply (AS)?

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
Concept: undefined >> undefined

State with reason whether you agree or disagree with the following statement.

Aggregate demand depends only on the consumption expenditure.

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
Concept: undefined >> undefined

State with reason whether you agree or disagree with the following statement.

Aggregate supply is influenced by the state of technology only.

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
Concept: undefined >> undefined

State with reason whether you agree or disagree with the following statement.

Positive net earnings from foreign transactions add to aggregate demand.

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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Answer in detail.
Explain the determinants of aggregate demand.

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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Answer in detail.
What is Aggregate Supply? Explain the determinants of Aggregate Supply.

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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Answer in detail.
Explain the equilibrium between Aggregate Demand and Aggregate Supply.

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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State with reason whether you 'agree' or 'disagree' with the following statement.

Central bank is a bank which issues notes.

[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined

Write explanatory answer.
What is 'aggregate supply'? Explain the determinants of aggregate supply.

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
Concept: undefined >> undefined

The relationship between income and demand for inferior goods is ______.

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined
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