Commerce Exam  >  Commerce Notes  >  Economics Class 12  >  Class 12 Economics Question Paper Solved (2023) - 3

Class 12 Economics Question Paper Solved (2023) - 3 | Economics Class 12 - Commerce PDF Download

Download, print and study this document offline
Please wait while the PDF view is loading
 Page 1


    
58/1/3 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/1 
  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> 27 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 27 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. 
 
58/1/3
 
SET-3 
* 
Page 2


    
58/1/3 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/1 
  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> 27 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 27 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. 
 
58/1/3
 
SET-3 
* 
    
58/1/3 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. :  
1  {H$gr amîQ´> Ûmam AnZo ^wJVmZ g§VwbZ (BoP) Ho$ KmQ>o H$mo {dÎmnmo{fV H$aZo Ho$ 
{bE {díd ~¢H$ go àmá G$U ny±Or ImVo _| XO© {H$`m OmEJm & 
2  ñdm`Îm boZ-XoZ ^wJVmZ g§VwbZ (BoP) ImVo H$s Xem go ñdV§Ì hmoVo h¢ & 
{XE JE H$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¢ & 
Page 3


    
58/1/3 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/1 
  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> 27 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 27 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. 
 
58/1/3
 
SET-3 
* 
    
58/1/3 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. :  
1  {H$gr amîQ´> Ûmam AnZo ^wJVmZ g§VwbZ (BoP) Ho$ KmQ>o H$mo {dÎmnmo{fV H$aZo Ho$ 
{bE {díd ~¢H$ go àmá G$U ny±Or ImVo _| XO© {H$`m OmEJm & 
2  ñdm`Îm boZ-XoZ ^wJVmZ g§VwbZ (BoP) ImVo H$s Xem go ñdV§Ì hmoVo h¢ & 
{XE JE H$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¢ & 
    
58/1/3 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. Read the following statements carefully :  
Statement 1 : Borrowings by a nation from the World Bank to finance 
Balance of Payment (BoP) deficit will be recorded in the 
capital account. 
Statement 2 : Autonomous transactions are independent of the 
condition of Balance of Payment (BoP) account. 
 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. 
Page 4


    
58/1/3 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/1 
  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> 27 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 27 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. 
 
58/1/3
 
SET-3 
* 
    
58/1/3 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. :  
1  {H$gr amîQ´> Ûmam AnZo ^wJVmZ g§VwbZ (BoP) Ho$ KmQ>o H$mo {dÎmnmo{fV H$aZo Ho$ 
{bE {díd ~¢H$ go àmá G$U ny±Or ImVo _| XO© {H$`m OmEJm & 
2  ñdm`Îm boZ-XoZ ^wJVmZ g§VwbZ (BoP) ImVo H$s Xem go ñdV§Ì hmoVo h¢ & 
{XE JE H$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¢ & 
    
58/1/3 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. Read the following statements carefully :  
Statement 1 : Borrowings by a nation from the World Bank to finance 
Balance of Payment (BoP) deficit will be recorded in the 
capital account. 
Statement 2 : Autonomous transactions are independent of the 
condition of Balance of Payment (BoP) account. 
 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. 
    
58/1/3 4 
gmYZ ^wJVmZ 
dñVwE± d godmE± 
gmYZ godmE±  
gmYZ ^wJVmZ 
dñVwE± d godmE± 
\$_] J¥hñW 
Cn^moJ ì`` 
Cn^moJ ì`` 
dñVwE± d godmE± 
\$_] J¥hñW 
\$_] J¥hñW 
\$_] J¥hñW 
2. (H$) ~mµOma _yë` na amîQ´>r` Am` d gmYZ bmJV na amîQ´>r` Am` H$m A§Va 
__________ hmoVm h¡ &   ([aº$ ñWmZ ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1 
(a) ewÕ AàË`j H$a  
(b) {dXoem| go àmá ewÕ gmYZ Am` 
(c) ñWm`r n±yOr H$m Cn^moJ  
(d) ~mµOma _yë` 
 AWdm 
(I) nhMm{ZE {H$ {ZåZ{b{IV _| go H$m¡Z-gm Ho$db dmñV{dH$ àdmh H$mo Xem©Vm h¡ ? 1 
 
(a)
  
   
(b)
  
 
(c)
  
     
(d)
  
Page 5


    
58/1/3 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/1 
  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> 27 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 27 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. 
 
58/1/3
 
SET-3 
* 
    
58/1/3 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. :  
1  {H$gr amîQ´> Ûmam AnZo ^wJVmZ g§VwbZ (BoP) Ho$ KmQ>o H$mo {dÎmnmo{fV H$aZo Ho$ 
{bE {díd ~¢H$ go àmá G$U ny±Or ImVo _| XO© {H$`m OmEJm & 
2  ñdm`Îm boZ-XoZ ^wJVmZ g§VwbZ (BoP) ImVo H$s Xem go ñdV§Ì hmoVo h¢ & 
{XE JE H$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¢ & 
    
58/1/3 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. Read the following statements carefully :  
Statement 1 : Borrowings by a nation from the World Bank to finance 
Balance of Payment (BoP) deficit will be recorded in the 
capital account. 
Statement 2 : Autonomous transactions are independent of the 
condition of Balance of Payment (BoP) account. 
 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. 
    
58/1/3 4 
gmYZ ^wJVmZ 
dñVwE± d godmE± 
gmYZ godmE±  
gmYZ ^wJVmZ 
dñVwE± d godmE± 
\$_] J¥hñW 
Cn^moJ ì`` 
Cn^moJ ì`` 
dñVwE± d godmE± 
\$_] J¥hñW 
\$_] J¥hñW 
\$_] J¥hñW 
2. (H$) ~mµOma _yë` na amîQ´>r` Am` d gmYZ bmJV na amîQ´>r` Am` H$m A§Va 
__________ hmoVm h¡ &   ([aº$ ñWmZ ^aZo Ho$ {bE ghr {dH$ën H$m M`Z H$s{OE) 1 
(a) ewÕ AàË`j H$a  
(b) {dXoem| go àmá ewÕ gmYZ Am` 
(c) ñWm`r n±yOr H$m Cn^moJ  
(d) ~mµOma _yë` 
 AWdm 
(I) nhMm{ZE {H$ {ZåZ{b{IV _| go H$m¡Z-gm Ho$db dmñV{dH$ àdmh H$mo Xem©Vm h¡ ? 1 
 
(a)
  
   
(b)
  
 
(c)
  
     
(d)
  
    
58/1/3 5  P.T.O. 
 Goods and Services 
Factor payments 
 
Goods and Services 
Factor services 
 
Factor payments 
 Goods and Services 
Consumption Expenditure 
Consumption Expenditure 
2. (A) The difference between National Income at market price and 
National Income at factor cost is ________.           
   (Choose the correct alternative to fill up the blank)   1 
(a) net indirect taxes 
(b) net factor income from abroad 
(c) consumption of fixed capital 
(d) market price 
   OR 
(B) Identify which of the following represents only the real flow :  1 
 
(a)
  
   
(b)
  
 
(c)
  
 
(d)
  
 Firms   Household 
 
 
 
 
 
 
 
 Firms   Household 
 
 
 
 
 
 
 Firms   Household 
 
 
 
 
 Firms   Household 
 
Read More
64 videos|275 docs|52 tests

Top Courses for Commerce

FAQs on Class 12 Economics Question Paper Solved (2023) - 3 - Economics Class 12 - Commerce

1. What are the main objectives of macroeconomics?
Ans. The main objectives of macroeconomics include achieving full employment, price stability, economic growth, and maintaining a balance of payments.
2. How does fiscal policy influence the economy?
Ans. Fiscal policy refers to the government's decisions regarding taxation and spending to influence the economy. By adjusting tax rates and government spending levels, fiscal policy can stimulate economic growth, control inflation, and stabilize the economy.
3. What is the difference between microeconomics and macroeconomics?
Ans. Microeconomics focuses on individual economic units such as households and firms, while macroeconomics deals with the economy as a whole, including factors like inflation, unemployment, and overall economic growth.
4. How does the government use monetary policy to control inflation?
Ans. The government can use monetary policy to control inflation by adjusting interest rates and the money supply. By raising interest rates or reducing the money supply, the government can reduce consumer spending and investment, leading to lower inflation.
5. How does international trade impact a country's economy?
Ans. International trade can impact a country's economy by increasing exports, creating jobs, and promoting economic growth. However, it can also lead to trade deficits, loss of domestic industries, and dependence on foreign markets.
64 videos|275 docs|52 tests
Download as PDF
Explore Courses for Commerce exam

Top Courses for Commerce

Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Related Searches

Sample Paper

,

Exam

,

past year papers

,

Semester Notes

,

practice quizzes

,

shortcuts and tricks

,

study material

,

Objective type Questions

,

Important questions

,

Class 12 Economics Question Paper Solved (2023) - 3 | Economics Class 12 - Commerce

,

pdf

,

mock tests for examination

,

ppt

,

Viva Questions

,

Summary

,

video lectures

,

Free

,

MCQs

,

Class 12 Economics Question Paper Solved (2023) - 3 | Economics Class 12 - Commerce

,

Class 12 Economics Question Paper Solved (2023) - 3 | Economics Class 12 - Commerce

,

Previous Year Questions with Solutions

,

Extra Questions

;