Economics class 12 Concept of Microeconomics

1. Consumption of all goods and services in the economy during the period of an accounting year is known as ;

2. Classification of goods depend on the ;

3. Final goods are used by the ;

4. Those goods which satisfy human wants directly are called ;

5. Capital goods are those goods ;

6. Food processor used by the  households in their kitchen is an example of ;

7. In the production of sugar, sugarcane is  ;

8. If a car purchased by a taxi operator, it will be regarded as a;

9. T.V, Radio,Washing machine etc., are example of ;

10. T.V, Radio,Washing machine etc., are example of ;

11. T.V, Radio,Washing machine etc., are example of ;

12. Which of the following is a semi durable consumer goods?

13. Increase in the stock of capital is known as ;

14. Net investment is equal to ;

15. Net capital formation causes ;

16. Which of the following leads to depreciation?

17. Which of the following leads to unexpected obsolescence?

18. Depreciation reserve fund is needed for ;

19. A stock variable ;

20. A quantity measured per unit of time period is known as ;

21. “Income of the family” is the example of which variable?

22. Which of the following is a stock variable ?

23. Which of the following is not a flow variable?

24. A car running between Delhi and Agra at a speed of 120 Km /h includes ;

25. Factor services rendered by the households to the firms lead to ;

26. Reason for the circular flow of income is ;