Sandeep Garg Macroeconomics Class 12 Solutions

Question 2. Explain objective of stability of prices of government budget Class  Class 12 Subject Economics (Macroeconomics) Category Class 12 Economics Solutions Sandeep Garg Sandeep Garg Macroeconomics Class 12 Solutions Circular flow of Income – Short Questions – Q.2 Explain objective of stability of prices of government budget “OR” Explain the economic stability objective of … Read more

Question 1. State three objectives of a government budget. Class  Class 12 Subject Economics (Macroeconomics) Category Class 12 Economics Solutions Sandeep Garg Sandeep Garg Macroeconomics Class 12 Solutions Circular flow of Income – Short Questions – Q.1 State three objectives of a government budget Solution:- Reducing Inequalities in Income: – Government through its budget seeks … Read more

Question 6. Distinguish between consumer goods and capital goods. Class  Class 12 Subject Economics (Macroeconomics) Category Class 12 Economics Solutions Sandeep garg Q.6 Distinguish between consumer goods and capital goods. Which of these are final goods? Solution:- BASIS CONSUMER GOODS CAPITAL GOODS Human Wants They satisfy human wants directly. They satisfy human wants indirectly. Production … Read more

Question 5. Discuss the meaning of Consumption goods and Capital goods. Class  Class 12 Subject Economics (Macroeconomics) Category Class 12 Economics Solutions Sandeep garg Q.5 Discuss the meaning of consumption goods and capital goods. Solution:- CONSUMPTION GOODS:- Consumption Goods refers to those goods and services which are used by the consumer for consumption purpose. They … Read more

Question 4. Which of the following expenditure are Intermediate or Final goods ? Class  Class 12 Subject Economics (Macroeconomics) Category Class 12 Economics Solutions Sandeep garg Q.4 Which of the following expenditure incurred are on intermediate products and which are on final products? You must state reason for your answer: Purchase of tickets for train … Read more

Question 3. “Machine purchased is always a final good.” Do you agree? Give reasons for your answer. Class  Class 12 Subject Economics (Macroeconomics) Category Class 12 Economics Solutions Sandeep garg Q.3” Machine purchased is always a final good.” Do you agree? Give reasons for your answer. Sol. The above statement is disagreed. Machine is a … Read more

Question 2. Distinguish between Final goods and Intermediate goods? Class  Class 12 Subject Economics (Macroeconomics) Category Class 12 Economics Solutions Sandeep garg Q.2 Distinguish between Final goods and Intermediate goods. Give examples. “OR” Explain the basis of classifying goods into intermediate and final goods. Give suitable examples. Solution :- Final good and intermediate good can … Read more

Question 1. Distinguish between Factor income and Transfer income? Class  Class 12 Subject Economics (Macroeconomics) Category Class 12 Economics Solutions Sandeep garg Q.1 Distinguish between Factor income and Transfer income? “OR” Difference between Factor income and Transfer income ? Solution :- FACTOR INCOME:- Factor Income , refers to income received by factors of production (land, … Read more

Question 1. Briefly discuss the money flow and the real flow of income . (Long Question) Class  Class 12 Subject Economics (Macroeconomics) Category Class 12 Economics Solutions Sandeep Garg Sandeep Garg Macroeconomics Class 12 Solutions Circular flow of Income – Long Questions 1. Briefly discuss the money flow and the real flow of income. Solution:- … Read more

Question 5. Distinguish between Stock and Flow. Give an example of each. Class  Class 12 Subject Economics (Macroeconomics) Category Class 12 Economics Solutions Sandeep Garg Sandeep Garg Macroeconomics Class 12 Solutions Circular flow of Income – Short Questions Q.5 Distinguish between Stock and Flow. Give an example of each. BASIS  STOCK FLOW Meaning Refers to … Read more