CBSE Class 12 Economic Guess Papers
CBSE 12 Economics Sample Papers are given below from which you can practice the questions for the exam. CBSE Class 12 Economics Model Papers contain all the questions from defined syllabus of CBSE. CBSE XII Economics Mock tests can be taken up and solved so that you have idea of every type of question and you are well prepared for the exam. Solve the question given below and check the answers of these questions from below given PDF files.
Q1: The savings function of an economy is S= ─100+0.2Y. The economy is in equilibrium when income is equal to 2,000. Calculate-
- Investment expenditure at equilibrium level of income.
- Autonomous consumption
- Investment multiplier
Q2: Will the following be a part of domestic factor income of India? Give reason in support of your answer-
- Profit earned by foreign banks from their branches in India.
- Salary by Indian residents working in American Embassy in India.
- Profits earned by Indian company from its branches in Singapore
Q3: Price elasticity of supply for a commodity is 5. When price of the commodity rises from Rs. 9 per unit to Rs. 10 per unit, supply rises by 25 units. Calculate quantity supplied at Rs. 9 per unit.
Q4: Giving reasons, explain the treatment assigned to the following while estimating national Income:
- Social security contributions by employees
- Pension paid after retirement
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