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An economy is in equilibrium. From the following data about an economy calculate autonomous consumption. - CBSE Economics class 12 20171 AnswerAn economy is in equilibrium. From the following data, calculate the marginal propensity to save: - CBSE Economics class 12 20171 AnswerIf the marginal propensity to consume is greater than marginal propensity to save, the value of the multiplier will be (Choose the correct alternative)- CBSE Economics class 12 20171 AnswerIn an economy investment is increased by Rs. 300 crore. If marginal propensity to consume is 2/3, calculate increase in national income. - CBSE Class 12 Economics 20161 AnswerDefine marginal propensity to consume. - CBSE Economics class 12 20171 AnswerFrom the following total cost and total revenue schedule of a firm, find out the level of output, using marginal cost and marginal revenue approach, at which the firm would be is equilibrium. Give reasons for your answer. - CBSE Economics class 12 20171 AnswerAssuming that increase in investment is Rs1000 crore and marginal propensity to consume is 0.9, explain the working of multiplier. - CBSE Economics class 12 20171 AnswerDistinguish between marginal propensity to consume and average propensity to consume. Give a numerical example. - CBSE Class 12 Economics 20161 AnswerGiven below is the cost schedule of a product produced by a firm. The market price per unit of the product at all levels of output is Rs12. Using marginal cost and marginal revenue approach, find out the level of equilibrium output. Give reasons for your answer:1 AnswerExplain with the help of a numerical example, the meaning of diminishing marginal rate of substitution. - CBSE Economics class 12 20171 AnswerExplain the conditions of consumer’s equilibrium under indifference curve approach. - CBSE Economics class 12 20171 AnswerGive the behaviour of marginal product and total product as more and more units of only one input are employed while keeping other inputs as constant. - CBSE Economics class 12 20171 AnswerExplain how government budget can be helpful in bringing economic stabilization in the economy. - CBSE Economics class 12 20171 AnswerA Consumer consumes only two goods X and Y. Marginal utilities of X and Y is 4 and 5 respectively. The prices of X and Y are Rs 4 per unit and Rs 5 per unit respectively. Is the consumer in equilibrium? What will be the further reaction of the consumer? Explain. - CBSE Class 12 Economics 20161 AnswerExplain the meaning of excess demand and excess supply with the help of a schedule. Explain their effect on equilibrium price. - CBSE Economics class 12 20171 AnswerAnalyse the role of chemical industries in the Indian economy. - CBSE Economics1 AnswerExplain the chain of effects of excess supply of a good on its equilibrium price.1 AnswerWhat is liberalisation? Describe any four effects of liberalisation on the Indian economy. - CBSE Economics1 AnswerCalculate (a) net domestic product at factor cost and (b) gross national disposable income: (- CBSE Economics class 12 2017)1 AnswerWhat is sectoral composition of an economy? Is it necessary that the service sector should contribute maximum to GDP of an economy? Comment. -Economics CBSE class 11 ncert1 Answer