ISC (Commerce) इयत्ता १२ - CISCE Important Questions

Utility maximising consumers would like to decrease the consumption when ______.

Draw a diagram to show the elasticity of demand when it is greater than one.

Find the value of additional investment made by the government when MPC = 0.5 and the increase in income (ΔY) = ₹ 1000.

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.

How is it determined by using Saving and Investment approach?

Discuss the mechanism of investment multiplier with the help of a numerical.

Why is effective demand also known as expost demand?

The price of a good decreases from ₹100 to 80 per unit. If the price elasticity of demand for the good is 2 and the original quantity demanded is 30 units, calculate the new quantity demanded.

Explain the concept of Investment Multiplier using a diagram.

Mention any one difference between Induced investment and Autonomous investment.

With reference to Simple Keynesian model, give the meaning of ex-ante demand.

If aggregate demand exceeds aggregate supply in a situation of full employment, what will be its impact on the economy?

Illustrate that the investment multiplier is inversely proportional to MPS.

With the help of a diagram, determine the equilibrium level of output and income by using Aggregate demand and aggregate supply approach.

Medium of exchange and measure of value is ______.

What is meant by the following function of the central bank?

Clearing house

The price of a mobile handset has risen in the market. But the dealers have not been able to increase the supply proportionately.

What will be the price elasticity of supply for the mobile handset? Draw the supply curve to indicate the type of elasticity.

Give two differences between intended supply and actual supply.

Prices of air conditioners and refrigerators have shot up in the new year as consumer durables makers pass on the impact of rising raw material costs and higher freight charges to customers, while home appliances like washing machines may witness a 5–10 per cent price hike later this month or by March.

(Source: The Economic Times)

Explain the behaviour of supply of this consumer durable. Illustrate the same in a diagram.

Explain the law of variable proportions with the help of a diagram.