HSC Commerce: Marketing and Salesmanship 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Economics

Distinguish between internal debt and external debt.

A rightward shift in supply curve shows ______.

Write a statement of the Law of Demand.

• Assertion (A): Debt raised by the government from borrowings from the International Monetary Fund is an external debt.
• Reasoning (R): The Government of India may take loans from International Monetary Fund for Mumbai Metro Train.

Complete the correlation:

Rise in price : Expansion of supply : : Fall in labour cost : ______.

Find the odd word out:

Transfer payments:

Complete the correlation:

Rise in price : Expansion of supply : : Fall in transport cost : ______.

Give an economic term:

Debt is raised by the government from borrowings from its citizens.

A rightward shift in supply curve shows ______.

A rightward shift in supply curve shows ______.

A rightward shift in supply curve shows ______.

A rightward shift in supply curve shows ______.

A rightward shift in supply curve shows ______.

A rightward shift in supply curve shows ______.

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

When price of Giffen goods fall, the demand for it increases.

A rightward shift in supply curve shows ______.

A rightward shift in supply curve shows ______.

A rightward shift in supply curve shows ______.

Write short notes Significance of price elasticity of demand.

State whether the following statement is true or false.

Micro Economic theory assumes full employment.