NCERT Solution For Class 12 Economics – DETERMINATION OF INCOME AND EMPLOYMENT

NCERT Solutions is known as an extremely helpful resource for preparing for the exam. Takshila Learning provides its learners with access to a wealth of NCERT problems and their solutions. CBSE Class 12 Economics NCERT Solutions are built by subject matter experts, so be sure to train learners for a good grade. The questions set out in the NCERT Books are prepared in compliance with the requirements of the CBSE.

NCERT Solution For Class 12 Economics – Macro Introduction provides us with all-inclusive information on all concepts. As students would have to learn the basics about the subject in class 12, this curriculum for class 12 is a comprehensive study material, which explains the concepts in a great way.

Questions Covered : 

Question 1: What is marginal propensity to consume? How is it related to marginal propensity to save?

Question 2: What is the difference between ex ante investment and ex post investment?

Question 3: What do you understand by ‘parametric shift of a line’? How does a line shift when its (i) slope decreases, and (ii) its intercept increases?

Question 4: What is ‘effective demand’? How will you derive the autonomous expenditure multiplier when price of final goods and the rate of interest are given?

Question 5: Measure the level of ex-ante aggregate demand when autonomous investment and consumption expenditure (A) is Rs 50 crores, and MPS is 0.2 and level of income (Y) is Rs 4000 crores. State whether the economy is in equilibrium or not (cite reasons).

Question 6: Explain ‘Paradox of Thrift’.