A Demand Analysis — Economics STD 12 Commerce / Arts — Question

Concepts studied under Micro economics.
a) National income
b) General price level
c) Factor pricing
d) Product pricing

Statements that highlight the significance of index numbers.
a) Index numbers are useful for making future predictions.
b) Index numbers help in the measurement of inflation.
c) Index numbers help to frame suitable policies.
d) Index numbers can be misused.

DFHI was set up on the recommendation of the committee.

Statements related to features of Micro economics.
(a) The study of individual unit
(b) It deals with income theory
(c) It splits the whole economy
(d) It suggests suitable economic policies to promote economic growth

Increase in supply is shown by

When percentage change in quantity demanded is equal to changes in price, the demand curve is …………

How does purchasing power changes with the increase in price level?
(a) Remains unchanged
(b) Increases
(c) Decreases
(d) None of these

Demand for cosmetics is ……………..

Role of foreign trade is
a) To earn foreign exchange
b) To encourage investment
c) Lead to division of labour
d) Bring change in composition of exports

………………. short term instruments issued by the RBI on behalf of the government to meet temporary liquidity shortfalls.