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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Effective Demand is Also Called Macro Economic Equilibrium. - Economics

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प्रश्न

Effective demand is also called macro economic equilibrium.

उत्तर

According to Keynes effective demand is determined with the intersection of aggregate demand and aggregate supply in the economy

The aggregate demand consists of consumption demand, investment demand, government demand, and foreign demand. Similarly aggregate supply depends on natural resources, labour, capital and technology.

The equilibrium point of effective demand is that point, where aggregate demand function equals to aggregate supply function.

Effective Demand can be shown in the following diagram.
 
The diagram indicates.

ASF = Aggregate Supply Function Curve

ADF = Aggregate Demand Function Curve

e = Point of effective demand (Equilibrium point) is a point at which total expenditure is equal to total income i.e. ADF intersect ASF at this point.

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2014-2015 (March)

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संबंधित प्रश्‍न

Meaning and Definition of Macroeconomics


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Macroeconomic variables


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Give reasons or Explain the following statements. (Any Three) 

Macro Economic is also known as income and employement theory.


State whether the following statement is True or False with reason:    

Macro economics studies whole economy.


 Choose the correct answer :        

 Macro economics studies _________.  


 Define of Explain the following concepts. 

 Macro variables  

 


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State the features of Macro economics. 


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________economics can study the problem of inflation in the country. 


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No monopolistic competition is found in real life. 


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After the world depression importance of macro economics study increased. 


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What are the features of Macro-Economics?


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Group A Group B
1) Microeconomics a) Harrod and Domar
2) Macroeconomics b) Partial equilibrium
3) Theory of growth c) Principles of economics
4) Lord Keynes d) General equilibrium
    e) General theory of employment, interest and money
    f) Business economics

State the following statement is true or false.

Macro-Economics  is known as income analysis.


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Increase in national income is a Micro- Economic goal.


State the following statement is true or false.

Macro-Economic adopts lumping method.


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Give reason or explain the following statement

Macro-Economics is the study of aggregates.


Give reason or explain the following statement

Macro-Economics is also known as income and employment theory.


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Micro economics : Slicing method : : Macro economics : ______


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Concepts studied under Macro economics.

  1. Whole economy
  2. Economic development
  3. Aggregate supply
  4. Product pricing

Concepts studied under Macro economics.

  1. Whole economy 
  2. Economic development
  3. Aggregate supply
  4. Product pricing

Concepts studied under Macro economics.

  1. Whole economy
  2. Economic development
  3. Aggregate supply
  4. Product pricing

Concepts studied under Macro economics.

  1. Whole economy
  2. Economic development
  3. Aggregate supply
  4. Product pricing

Concepts studied under Macro economics.

  1. Whole economy
  2. Economic development
  3. Aggregate supply
  4. Product pricing

Concepts studied under Macro economics.

  1. Whole economy
  2. Economic development
  3. Aggregate supply
  4. Product pricing

Concepts studied under Macro economics.

  1. Whole economy
  2. Economic development
  3. Aggregate supply
  4. Product pricing

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