FREQUENTLY ASKED CBSE BOARD QUESTIONS
1. Define full employment?
2. What do you mean by Aggregate Demand?
3. Write any two components of aggregate demand?
4. Define Aggregate Supply?
5. When APC is 0.6, what is the value of APS?
6. If the rate of MPC is 0.75 find the value of multiplier?
7. Define investment multiplier?
8. What are the conditions for equilibrium level of income and employment?
9. What is meant by excess demand?
10. Define inflationary gap.
11. Define deficient demand?
12. Define underemployment equilibrium?
13. What are the monetary measures to correct excess demand?
14. State the fiscal measures to correct excess demand?
15. Explain any two monetary and fiscal measures to correct deficient demand?
16. Define investment multiplier. What is the relationship between MPC and multiplier?
17. State the components of AD. Explain any one.
18. Explain investment multiplier with the help of an example.
19. Derive saving function from consumption function.
20. State the Keynesian psychological law of consumption function.
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1. How does the government budget affect the economy? |
2. What are the main components of a government budget? |
3. How does government spending impact different sectors of the economy? |
4. How does the government budget affect inflation and interest rates? |
5. What role does the government budget play in economic stability? |
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