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CBSE Notes 2011-2012 » XII-Economics

PROBLEMS OF EXCESS AND DEFICIENT DEMAND

What is excess demand ? Or When does a situation of excess demand arise in an economy ?

Short answer question

What is excess demand ?
Or
When does a situation of excess demand arise in an economy ?

How does excess demand affect output and price ? Or What happens to the price level when there is ex...

Short answer question

How does excess demand affect output and price ?
Or
What happens to the price level when there is excess demand ?

What is inflationary gap ? [Delhi 2008] Or When does inflationary gap arise ?

Short answer question

What is inflationary gap ? [Delhi 2008]
Or
When does inflationary gap arise ?

What does inflationary gap measure ?

Short answer question

What does inflationary gap measure ?

Name two policies to combat the problems of deficient and excess demand.

Short answer question

Name two policies to combat the problems of deficient and excess demand.

What is fiscal policy ?

Short answer question

What is fiscal policy ?

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