हिंदी

Give Equation of Budget Line. - Economics

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प्रश्न

Give the equation of Budget Line.

उत्तर

The equation of the budget line:
P1X1 + P2X2 = M
Where,
P1 - per unit price of Good 1
P2 - per unit price of Good 2
X1 - quantity of Good 1
X2 - quantity of Good 2
M - income of the consumer

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2014-2015 (March) Delhi Set 1

संबंधित प्रश्न

Explain the meaning of Budget set 


Explain the major components of government budget.


State whether the following statement is True or False :

Budget is a monthly statement - False.


Write short answer for the following question:

What are the Typing of Budget.


Fill in the blank with proper alternatives given in the bracket:

Budget is the _________________ of the revenue and expenditure of the coming year. 


Fill in the blank using proper alternatives given in the bracket:

During depression .............. budget is preferable.


Write short notes (Any Two)

Revenue Receipts


 State whether the following statements are True or False with reasons: 

 The expenditure is more than income in balanced budget. 


Give reasons or explain the following statement: 

 For the period of inflation surplus budget is prepared. 


Fill in the blank with appropriate alternatives given below

During depression, __________ budget is preferable.


State with reason whether you agree or disagree with the following statement.

During the period of inflation, Surplus Budget is advisable. 


Define "Trade surplus" and "Trade Deficit".


Surplus budget is that budget where in ______.


Complete the correlation:

Inflation: Surplus budget : : ______ : Deficit budget


Find the odd word out:

Types of budget:


identify the right group of pairs from the given options.

i) Direct tax a) Non-tax revenue
ii) Indirect tax b) Inflation
iii) Fees and Fines c) GST
iv) Surplus budget d) Personal income tax

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