10.

11.

12.

2

tn न्नी curve is always :

(a) Concave to the origin. (b) Convex to the origin.

(c) Lshaped. (9) A straight line.
Macro economics deals with :

(a) General price level, (b) Total employment.

(c) Economic aggregates. (d) All the above.
In classical theory the equality between saving and investment is brought about by :

(a) Consumption. (b) Income.

(c) Multiplier. (d) Rate of interest.
The slope of the consumption function is called :

(a) MPC. (b) MPS

(c) APC. (d) APS
Which one of the following is roughly equal to national income ?

(a) GDP. ‏جح رم‎

(c) SDP. (d) None of these.
Disposable ಗರ does not include :

(a) Excise duty paid. (%) Customs duty paid.

(c) Income tax. (d) All ofthese.
The services of a house wife are : |

(a) Not part of Production. ह (b) A part of production.

(c) A part of consumption. (d) Nota part of consumption.

(19 > 2 = 6)
Part B

Answer any ten questions. —

Each question carries 2 marks.

13. What is economics ?

14. What is meant by a function ?

15. Elucidate lis Welfare Definition.

1೧ What je Consumption ?