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Chapters
1: Micro and Macro Economics - An Introduction
2: Demand and Law of Demand
3: Elasticity of Demand
4: Theory of Consumer's Behaviour : Cardinal Utility Analysis
5: Theory of Consumer's Behaviour : Indifference Curve Analysis
6: Supply and Law of Supply
7: Revenue Analysis
8: Cost Theory Analysis
9: Forms of Market
10: Concept of Production and Law of Returns
11: Equilibrium of Firm and Industry Under Perfect Competition
12: Producer's Equilibrium Under Perfect Competition
13: Price Output Under Perfect Competition
14: Price Output Determination Under Monopoly
15: Price Output Determination Under Monopolistic Competition and Oligopoly
Unit 2 : Theory of Income and Employment
16: Basic Concepts of Macro Economics
▶ 17: Aggregate Demand and Supply - Determinants of Equilibrium
18: Consumption Function {Propensity to Consume)
19: Concept of Investments-Types and Determinants
20: Multiplier - I : Static and Dynamic
21: Full Employment and Voluntary Unemployment
22: Problems of Deficient Demand and Excesss Demand
23: Measures to Correct Deficient and Excess Demand
Unit 3 : Money and Banking
24: Money - An Introduction
25: Bank and Commercial Bank
26: Central Bank
Unit 4 : International Trade
27: Balance of Payments
28: Foreign Exchange Rate
Unit 5 : Public Finance
29: Fiscal Policy
30: Budget
Unit 6 ; National Income
31: National Income and Circular Flow of Income
32: Concepts of National Income
33: Measurement of National Income
34: National Income and Economic Welfare
![R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC chapter 17 - Aggregate Demand and Supply - Determinants of Equilibrium - Shaalaa.com](/images/economics-english-class-12-isc_6:0ec86a6424ae41d2b0d71f72fec46101.jpg "R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC chapter 17 - Aggregate Demand and Supply - Determinants of Equilibrium")
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Solutions for Chapter 17: Aggregate Demand and Supply - Determinants of Equilibrium
Below listed, you can find solutions for Chapter 17 of CISCE R. K. Lekhi and P. K. Dhar for Economics [English] Class 12 ISC.
R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC 17 Aggregate Demand and Supply - Determinants of Equilibrium TEST QUESTIONS [Pages 17.9 - 17.11]
SHORT ANSWER QUESTIONS
What is effective demand?
Define Effective Demand.
What is meant by aggregate demand?
What is aggregate supply?
Explain Aggregate Demand Price.
What is Aggregate Demand Schedule?
Give the meaning of Aggregate Supply Schedule or Aggregate Supply Function.
Give the relative significance of Aggregate Demand and Aggregate Supply.
What is the importance of Effective demand?
Give the shortcomings of effective demand.
Define or Explain the following concept:
Aggregate Supply
What is Aggregate Supply Price?
What is meant by an open economy?
What is meant by a closed economy?
How can aggregate demand be increased during depression, according to Keynes?
What are the two main determinants of effective demand?
Define or Explain the following concept:
Aggregate Demand
Define or Explain the following concept:
Aggregate Supply
LONG ANSWER QUESTIONS
What is meant by the “Effective Demand Principle” in the Keynesian theory of employment? Discuss using a schedule or a diagram.
State and explain Keynes’ principle of effective demand.
What is the importance of the Principle of Effective Demand in macroeconomic analysis?
What is effective demand?
How can the level of effective demand be raised for solving the problem of underemployment equilibrium?
What is effective demand?
To what extent does effective demand influence the level of employment in an economy?
‘Although with given aggregate demand and supply curves there will normally be only one position of equilibrium, this need not be at the level of full employment.’ Discuss the statement.
Critically examine the theory of Effective Demand.
What are the main defects of the theory of Effective Demand?
What is meant by aggregate demand?
What is aggregate supply?
How does effective demand determine the level of employment in the economy?
What is effective demand?
How does effective demand determine the level of employment in the economy?
R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC 17 Aggregate Demand and Supply - Determinants of Equilibrium EXAMINATION CORNER [Page 17.12]
Explain the various components of aggregate demand in an economy with the help of a diagram.
Explain how equilibrium level of income can be determined with the help of aggregate demand curve and aggregate supply curve.
Explain the concept of deficient demand with the help of aggregate demand and aggregate supply curves. Discuss one physical and one monetary measure to correct it.
What is meant by autonomous consumption? Explain with the help of a diagram.
Solutions for 17: Aggregate Demand and Supply - Determinants of Equilibrium
R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC chapter 17 - Aggregate Demand and Supply - Determinants of Equilibrium
Shaalaa.com has the CISCE Mathematics Economics [English] Class 12 ISC CISCE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. R. K. Lekhi and P. K. Dhar solutions for Mathematics Economics [English] Class 12 ISC CISCE 17 (Aggregate Demand and Supply - Determinants of Equilibrium) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.
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Concepts covered in Economics [English] Class 12 ISC chapter 17 Aggregate Demand and Supply - Determinants of Equilibrium are Importance of Effective Demand, Critical Evaluation of Effective Demand, Determinants of Effective Demand > Aggregate Demand Function, Effective Demand, Determinants of Effective Demand > Aggregate Supply Function, Determination of Effective Demand.
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