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Page 1
58/3/3 1 P.T.O.
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$
_wI-n¥ð >na Adí` {bIo§ &
Candidates must write the Q.P. Code
on the title page of the answer-book.
A
Series HFG1E/3
àíZ-nÌ H$moS>
Q.P. Code
amob Z§.
Roll No.
AW©emñÌ
ECONOMICS
: 3 : 80
Time allowed : 3 hours Maximum Marks : 80
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 31 h¢ &
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS> H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð>
na {bI| &
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >34 àíZ h¢ &
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$
Adí` {bI| &
Bg àíZ-nÌ Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ & àíZ-nÌ H$m {dVaU
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo
-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &
Please check that this question paper contains 31 printed pages.
Q.P. Code given on the right hand side of the question paper should be
written on the title page of the answer-book by the candidate.
Please check that this question paper contains 34 questions.
Please write down the serial number of the question in the
answer-book before attempting it.
15 minute time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m.,
the students will read the question paper only and will not write any
answer on the answer-book during this period.
58/3/3
SET-3
*
Page 2
58/3/3 1 P.T.O.
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$
_wI-n¥ð >na Adí` {bIo§ &
Candidates must write the Q.P. Code
on the title page of the answer-book.
A
Series HFG1E/3
àíZ-nÌ H$moS>
Q.P. Code
amob Z§.
Roll No.
AW©emñÌ
ECONOMICS
: 3 : 80
Time allowed : 3 hours Maximum Marks : 80
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 31 h¢ &
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS> H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð>
na {bI| &
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >34 àíZ h¢ &
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$
Adí` {bI| &
Bg àíZ-nÌ Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ & àíZ-nÌ H$m {dVaU
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo
-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &
Please check that this question paper contains 31 printed pages.
Q.P. Code given on the right hand side of the question paper should be
written on the title page of the answer-book by the candidate.
Please check that this question paper contains 34 questions.
Please write down the serial number of the question in the
answer-book before attempting it.
15 minute time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m.,
the students will read the question paper only and will not write any
answer on the answer-book during this period.
58/3/3
SET-3
*
58/3/3 2
:
:
(i) 34
(ii) :
(iii) 20
(iv) 4 I 60 80
(v) 6 II 80 100
(vi) : : 4 100 150
(vii)
IÊS> H$
g_{îQ> AW©emñÌ
1. (H$) `{X EH$ AW©ì`dñWm _|, {Zdoe JwUH$ H$m _yë` 5 VWm A~MV ( )100 h¡,
Vmo < 1,400 < _________
([aº$ ñWmZ ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1
(a) 80 (b) 180
(c) 140 (d) 240
AWdm
(I) {Zdoe JwUH$ H$m _yë` gX¡d __________ go __________ Ho$ _Ü` ahVm h¡ &
([aº$ ñWmZm| H$mo ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1
(a) eyÝ` (0), AZ§V ( )
(b) BH$mB© (+ 1), AZ§V ( ) $
(c) eyÝ` (0), BH$mB© (+ 1) $
(d) G$UmË_H$ BH$mB© ( 1), BH$mB© (+ 1)
Page 3
58/3/3 1 P.T.O.
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$
_wI-n¥ð >na Adí` {bIo§ &
Candidates must write the Q.P. Code
on the title page of the answer-book.
A
Series HFG1E/3
àíZ-nÌ H$moS>
Q.P. Code
amob Z§.
Roll No.
AW©emñÌ
ECONOMICS
: 3 : 80
Time allowed : 3 hours Maximum Marks : 80
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 31 h¢ &
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS> H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð>
na {bI| &
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >34 àíZ h¢ &
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$
Adí` {bI| &
Bg àíZ-nÌ Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ & àíZ-nÌ H$m {dVaU
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo
-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &
Please check that this question paper contains 31 printed pages.
Q.P. Code given on the right hand side of the question paper should be
written on the title page of the answer-book by the candidate.
Please check that this question paper contains 34 questions.
Please write down the serial number of the question in the
answer-book before attempting it.
15 minute time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m.,
the students will read the question paper only and will not write any
answer on the answer-book during this period.
58/3/3
SET-3
*
58/3/3 2
:
:
(i) 34
(ii) :
(iii) 20
(iv) 4 I 60 80
(v) 6 II 80 100
(vi) : : 4 100 150
(vii)
IÊS> H$
g_{îQ> AW©emñÌ
1. (H$) `{X EH$ AW©ì`dñWm _|, {Zdoe JwUH$ H$m _yë` 5 VWm A~MV ( )100 h¡,
Vmo < 1,400 < _________
([aº$ ñWmZ ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1
(a) 80 (b) 180
(c) 140 (d) 240
AWdm
(I) {Zdoe JwUH$ H$m _yë` gX¡d __________ go __________ Ho$ _Ü` ahVm h¡ &
([aº$ ñWmZm| H$mo ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1
(a) eyÝ` (0), AZ§V ( )
(b) BH$mB© (+ 1), AZ§V ( ) $
(c) eyÝ` (0), BH$mB© (+ 1) $
(d) G$UmË_H$ BH$mB© ( 1), BH$mB© (+ 1)
58/3/3 3 P.T.O.
General Instructions :
Read the following instructions carefully and strictly follow them :
(i) This question paper contains 34 questions. All questions are compulsory.
(ii) This question paper contains two Sections :
Section A Macro Economics
Section B Indian Economic Development
(iii) This paper contains 20 Multiple Choice Questions Type questions of 1 mark
each.
(iv) This paper contains 4 Short Answer Questions Type-I questions of 3 marks
each to be answered in 60 to 80 words.
(v) This paper contains 6 Short Answer Questions Type-II questions of 4 marks
each to be answered in 80 to 100 words.
(vi) This paper contains 4 Long Answer Questions Type questions of 6 marks each
to be answered in 100 to 150 words.
(vii) Attempt all parts of a question together.
SECTION A
Macro Economics
1. (A) If in an economy, the value of Investment Multiplier is 5 and
dissavings are ( )100 crore, the relevant savings at income level of
< 1,400 crore would be < ________ crore.
(Choose the correct alternative to fill up the blank) 1
(a) 80 (b) 180
(c) 140 (d) 240
OR
(B) The range of value of Investment Multiplier is always between _____
and ______. (Choose the correct alternative to fill up the blanks) 1
(a) zero (0), infinity ( )
(b) one (+ 1), infinity ( )
(c) zero (0), one (+ 1)
(d) minus one ( 1), plus one (+ 1)
Page 4
58/3/3 1 P.T.O.
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$
_wI-n¥ð >na Adí` {bIo§ &
Candidates must write the Q.P. Code
on the title page of the answer-book.
A
Series HFG1E/3
àíZ-nÌ H$moS>
Q.P. Code
amob Z§.
Roll No.
AW©emñÌ
ECONOMICS
: 3 : 80
Time allowed : 3 hours Maximum Marks : 80
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 31 h¢ &
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS> H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð>
na {bI| &
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >34 àíZ h¢ &
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$
Adí` {bI| &
Bg àíZ-nÌ Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ & àíZ-nÌ H$m {dVaU
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo
-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &
Please check that this question paper contains 31 printed pages.
Q.P. Code given on the right hand side of the question paper should be
written on the title page of the answer-book by the candidate.
Please check that this question paper contains 34 questions.
Please write down the serial number of the question in the
answer-book before attempting it.
15 minute time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m.,
the students will read the question paper only and will not write any
answer on the answer-book during this period.
58/3/3
SET-3
*
58/3/3 2
:
:
(i) 34
(ii) :
(iii) 20
(iv) 4 I 60 80
(v) 6 II 80 100
(vi) : : 4 100 150
(vii)
IÊS> H$
g_{îQ> AW©emñÌ
1. (H$) `{X EH$ AW©ì`dñWm _|, {Zdoe JwUH$ H$m _yë` 5 VWm A~MV ( )100 h¡,
Vmo < 1,400 < _________
([aº$ ñWmZ ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1
(a) 80 (b) 180
(c) 140 (d) 240
AWdm
(I) {Zdoe JwUH$ H$m _yë` gX¡d __________ go __________ Ho$ _Ü` ahVm h¡ &
([aº$ ñWmZm| H$mo ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1
(a) eyÝ` (0), AZ§V ( )
(b) BH$mB© (+ 1), AZ§V ( ) $
(c) eyÝ` (0), BH$mB© (+ 1) $
(d) G$UmË_H$ BH$mB© ( 1), BH$mB© (+ 1)
58/3/3 3 P.T.O.
General Instructions :
Read the following instructions carefully and strictly follow them :
(i) This question paper contains 34 questions. All questions are compulsory.
(ii) This question paper contains two Sections :
Section A Macro Economics
Section B Indian Economic Development
(iii) This paper contains 20 Multiple Choice Questions Type questions of 1 mark
each.
(iv) This paper contains 4 Short Answer Questions Type-I questions of 3 marks
each to be answered in 60 to 80 words.
(v) This paper contains 6 Short Answer Questions Type-II questions of 4 marks
each to be answered in 80 to 100 words.
(vi) This paper contains 4 Long Answer Questions Type questions of 6 marks each
to be answered in 100 to 150 words.
(vii) Attempt all parts of a question together.
SECTION A
Macro Economics
1. (A) If in an economy, the value of Investment Multiplier is 5 and
dissavings are ( )100 crore, the relevant savings at income level of
< 1,400 crore would be < ________ crore.
(Choose the correct alternative to fill up the blank) 1
(a) 80 (b) 180
(c) 140 (d) 240
OR
(B) The range of value of Investment Multiplier is always between _____
and ______. (Choose the correct alternative to fill up the blanks) 1
(a) zero (0), infinity ( )
(b) one (+ 1), infinity ( )
(c) zero (0), one (+ 1)
(d) minus one ( 1), plus one (+ 1)
58/3/3 4
2. {ZåZ{b{IV H$WZm| H$mo Ü`mZnyd©H$ n{ :
1 : ~MV \$bZ Cn^moJ \$bZ go ì`wËnÞ (derive) {H$`m Om gH$Vm h¡ &
2 : Cn^moJ dH«$ gX¡d _yb {~ÝXþ go àmaå^ hmoZm Mm{hE &
{XE JE H$WZm| Ho$ AmbmoH$ _|, {ZåZ{b{IV _| go ghr {dH$ën H$m M`Z H$s{OE : 1
(a) H$WZ 1 gË` h¡ Am¡a H$WZ 2 AgË` h¡ &
(b) H$WZ 1 AgË` h¡ Am¡a H$WZ 2 gË` h¡ &
(c) H$WZ 1 Am¡a 2 XmoZm| gË` h¢ &
(d) H$WZ 1 Am¡a 2 XmoZm| AgË` h¢ &
3.
h¡, Vmo `h ___________ H$a gH$Vm h¡ &
([aº$ ñWmZ ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1
(a) ì`mnma KmQ>o _| d¥{Õ > $
(b) ì`mnma KmQ>o _| H$_r $
(c) ì`mnma KmQ>o _| H$moB© n[adV©Z Zht >
(d) {dXoer _wÐm ^§S>ma _| H$moB© n[adV©Z Zht>>
4. nhMmZ H$a| {H$, {ZåZ{b{IV _| go H$m¡Z-gm, ^maVr` [aµOd© ~¢H$ H$m EH$ H$m`© h¡ &
(ghr {dH$ën H$m M`Z H$s{OE) 1
(a) _wÐm Amny{V© {Z`§ÌH$
(b) dm{UpÁ`H$ ~¢H$m| H$mo G$U àXmVm
(c) gaH$ma H$m dm{f©H$ ~OQ> ~ZmZo dmbr _w»` EO|gr
(d) H$a|gr H$s {ZJ©VH$Vm© / OmarH$Vm© >
Page 5
58/3/3 1 P.T.O.
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$
_wI-n¥ð >na Adí` {bIo§ &
Candidates must write the Q.P. Code
on the title page of the answer-book.
A
Series HFG1E/3
àíZ-nÌ H$moS>
Q.P. Code
amob Z§.
Roll No.
AW©emñÌ
ECONOMICS
: 3 : 80
Time allowed : 3 hours Maximum Marks : 80
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 31 h¢ &
àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS> H$mo narjmWu CÎma-nwpñVH$m Ho$ _wI-n¥ð>
na {bI| &
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >34 àíZ h¢ &
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$
Adí` {bI| &
Bg àíZ-nÌ Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ & àíZ-nÌ H$m {dVaU
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo
-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &
Please check that this question paper contains 31 printed pages.
Q.P. Code given on the right hand side of the question paper should be
written on the title page of the answer-book by the candidate.
Please check that this question paper contains 34 questions.
Please write down the serial number of the question in the
answer-book before attempting it.
15 minute time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m.,
the students will read the question paper only and will not write any
answer on the answer-book during this period.
58/3/3
SET-3
*
58/3/3 2
:
:
(i) 34
(ii) :
(iii) 20
(iv) 4 I 60 80
(v) 6 II 80 100
(vi) : : 4 100 150
(vii)
IÊS> H$
g_{îQ> AW©emñÌ
1. (H$) `{X EH$ AW©ì`dñWm _|, {Zdoe JwUH$ H$m _yë` 5 VWm A~MV ( )100 h¡,
Vmo < 1,400 < _________
([aº$ ñWmZ ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1
(a) 80 (b) 180
(c) 140 (d) 240
AWdm
(I) {Zdoe JwUH$ H$m _yë` gX¡d __________ go __________ Ho$ _Ü` ahVm h¡ &
([aº$ ñWmZm| H$mo ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1
(a) eyÝ` (0), AZ§V ( )
(b) BH$mB© (+ 1), AZ§V ( ) $
(c) eyÝ` (0), BH$mB© (+ 1) $
(d) G$UmË_H$ BH$mB© ( 1), BH$mB© (+ 1)
58/3/3 3 P.T.O.
General Instructions :
Read the following instructions carefully and strictly follow them :
(i) This question paper contains 34 questions. All questions are compulsory.
(ii) This question paper contains two Sections :
Section A Macro Economics
Section B Indian Economic Development
(iii) This paper contains 20 Multiple Choice Questions Type questions of 1 mark
each.
(iv) This paper contains 4 Short Answer Questions Type-I questions of 3 marks
each to be answered in 60 to 80 words.
(v) This paper contains 6 Short Answer Questions Type-II questions of 4 marks
each to be answered in 80 to 100 words.
(vi) This paper contains 4 Long Answer Questions Type questions of 6 marks each
to be answered in 100 to 150 words.
(vii) Attempt all parts of a question together.
SECTION A
Macro Economics
1. (A) If in an economy, the value of Investment Multiplier is 5 and
dissavings are ( )100 crore, the relevant savings at income level of
< 1,400 crore would be < ________ crore.
(Choose the correct alternative to fill up the blank) 1
(a) 80 (b) 180
(c) 140 (d) 240
OR
(B) The range of value of Investment Multiplier is always between _____
and ______. (Choose the correct alternative to fill up the blanks) 1
(a) zero (0), infinity ( )
(b) one (+ 1), infinity ( )
(c) zero (0), one (+ 1)
(d) minus one ( 1), plus one (+ 1)
58/3/3 4
2. {ZåZ{b{IV H$WZm| H$mo Ü`mZnyd©H$ n{ :
1 : ~MV \$bZ Cn^moJ \$bZ go ì`wËnÞ (derive) {H$`m Om gH$Vm h¡ &
2 : Cn^moJ dH«$ gX¡d _yb {~ÝXþ go àmaå^ hmoZm Mm{hE &
{XE JE H$WZm| Ho$ AmbmoH$ _|, {ZåZ{b{IV _| go ghr {dH$ën H$m M`Z H$s{OE : 1
(a) H$WZ 1 gË` h¡ Am¡a H$WZ 2 AgË` h¡ &
(b) H$WZ 1 AgË` h¡ Am¡a H$WZ 2 gË` h¡ &
(c) H$WZ 1 Am¡a 2 XmoZm| gË` h¢ &
(d) H$WZ 1 Am¡a 2 XmoZm| AgË` h¢ &
3.
h¡, Vmo `h ___________ H$a gH$Vm h¡ &
([aº$ ñWmZ ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1
(a) ì`mnma KmQ>o _| d¥{Õ > $
(b) ì`mnma KmQ>o _| H$_r $
(c) ì`mnma KmQ>o _| H$moB© n[adV©Z Zht >
(d) {dXoer _wÐm ^§S>ma _| H$moB© n[adV©Z Zht>>
4. nhMmZ H$a| {H$, {ZåZ{b{IV _| go H$m¡Z-gm, ^maVr` [aµOd© ~¢H$ H$m EH$ H$m`© h¡ &
(ghr {dH$ën H$m M`Z H$s{OE) 1
(a) _wÐm Amny{V© {Z`§ÌH$
(b) dm{UpÁ`H$ ~¢H$m| H$mo G$U àXmVm
(c) gaH$ma H$m dm{f©H$ ~OQ> ~ZmZo dmbr _w»` EO|gr
(d) H$a|gr H$s {ZJ©VH$Vm© / OmarH$Vm© >
58/3/3 5 P.T.O.
2. Read the following statements carefully :
Statement 1 : Savings function can be derived from Consumption
function.
Statement 2 : Consumption curve must always start from the point of
origin.
In light of the given statements, choose the correct alternative from the
following : 1
(a) Statement 1 is true and Statement 2 is false.
(b) Statement 1 is false and Statement 2 is true.
(c) Both Statements 1 and 2 are true.
(d) Both Statements 1 and 2 are false.
3. Keeping other factors constant, if the price of crude oil falls in the
international market, it may lead to ___________.
(Choose the correct alternative to fill up the blank) 1
(a) increase in trade deficit
(b) decrease in trade deficit
(c) no change in trade deficit
(d) no change in the foreign exchange reserves
4. Identify, which of the following is not a function of the Reserve Bank of
India. (Choose the correct alternative) 1
(a) Controller of money supply
(b) Credit provider to commercial banks
(c) Central agency preparing the annual budget of the Government
(d) Issuer of currency
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FAQs on Class 12 Economics Question Paper Solved (2023) - 9 - Economics Class 12 - Commerce
| 1. What are the different types of unemployment discussed in the Class 12 Economics syllabus? |  |
Ans. The different types of unemployment discussed in the Class 12 Economics syllabus are frictional unemployment, structural unemployment, cyclical unemployment, and seasonal unemployment.
| 2. How does inflation impact the economy, according to Class 12 Economics? | |
Ans. Inflation impacts the economy by reducing the purchasing power of consumers, affecting the cost of living, leading to uncertainty in financial planning, and distorting price signals in the market.
| 3. Can you explain the concept of demand and supply in the context of the Class 12 Economics syllabus? | |
Ans. Demand refers to the quantity of a good or service that consumers are willing and able to buy at a given price, while supply refers to the quantity of a good or service that producers are willing and able to offer for sale at a given price.
| 4. How does the government intervene in the economy to manage externalities, as discussed in Class 12 Economics? | |
Ans. The government intervenes in the economy to manage externalities by imposing taxes or subsidies, regulating certain industries, providing public goods and services, and implementing policies to address market failures.
| 5. What are the key factors that influence economic growth, as per the Class 12 Economics curriculum? | |
Ans. The key factors that influence economic growth include investment in physical and human capital, technological advancements, institutional factors, natural resources, and government policies.
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Dec 25, 2024 Last updated |
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