NCERT Solutions for Class 12 Macro Economics Chapter - 9 Foreign Exchange Rate NCERT TEXTBOOK QUESTIONS SOLVED Question 1. How is exchange rate determined under a flexible exchange rate regime? [6 Marks] Or How is foreign exchange rate determined? Explain with diagram. Or [AI 2004; CBSE 06 q How is exchange rate determined in a foreign exchange market? Explain.[AI 2013 … [Read more...]
NCERT Solutions for Class 12 Macro Economics Government Budget and the Economy
NCERT Solutions for Class 12 Macro Economics Chapter-8 Government Budget and the Economy NCERT TEXTBOOK QUESTIONS SOLVED Question 1. Explain why public goods must be provided by the government? [3-4 Marks] Answer: Public goods are those goods and services for which consumption by some individuals does not reduce the amount available to others. For example … [Read more...]
NCERT Solutions for Class 12 Macro Economics National Income and Related Aggregates
NCERT Solutions for Class 12 Macro Economics Chapter-2 National Income and Related Aggregates NCERT TEXTBOOK QUESTIONS SOLVED 1. Why should the aggregate final expenditure of an economy be equal to the aggregate factor payments? Explain. [3 Marks] Ans: The sum of final expenditures in an economy must be equal to the income received by all the factors of production taken … [Read more...]
NCERT Solutions for Class 12 Macro Economics Excess Demand and Deficient Demand
NCERT Solutions for Class 12 Macro Economics Chapter-7 Excess Demand and Deficient Demand MORE QUESTIONS SOLVED I.Very Short Answer Type Questions (1 Mark) Question 1. What is meant by excess demand in macroeconomics? [CBSE 2009] Answer: When in an economy aggregate demand exceeds “aggregate supply at full employment level”, the demand is said to be an excess … [Read more...]
NCERT Solutions for Class 12 Macro Economics Banking
NCERT Solutions for Class 12 Macro Economics Chapter-4 Banking NCERT TEXTBOOK QUESTIONS SOLVED 1. Explain the functions of a commercial bank? Ans: Deleted from syllabus. 2. What is money multiplier? How will you determine its value? What ratios play an important role in the determination of the value of the money multiplier? [3-4 Marks] Ans: When the primary cash … [Read more...]