Multiple Choice Test All 20 multiple choice questions will be graded (4 raw points for the correct answer, -1 raw point for the incorrect answer, 0 points for no answer). Choose one answer in each question. 1. Country A's production possibility frontier is given by the equation X2 + Y2 = 200. Country B's production possibility frontier is given by the equation X + Y = 100. Choose the correct statement. 1. For any given X < 100 same for both countries, country A can produce less of good Y than country B. 2. If the countries ...
Model Question Paper 2021-2022 Economics Class- XII Time-3:15 Hours MM:100 Note- First 15 minutes are allotted for the candidates to read the question paper. Instructions: (i) All questions are compulsory. Marks allotted to each question are given against it. Question Nos. 1 to 10 are multiple choice type. Question Nos. 11 to 18 are very short answer type to be answered in 50 words each. Question Nos. 19 to 24 are short answer type to be answered in 150 words each. Question Nos. 25 to 27 are long answer type to be answered in 300 words each. 1- Which of ...