HSC ECONOMICS JULY 2016 BOARD PAPER

HSC ECONOMICS JULY 2016 BOARD PAPER


Q1. A. Fill in the blanks with proper alternatives given in the brackets:

(1) Micro Economics is a study of _____________ (Whole economy / general price level / national output / individual economic unit)
(2) Indirect demand is also known as _______ demand. (derived / direct / composite / joint)
(3) Under monopoly there is existence of ______________ (single buyer / several buyers / single seller / several sellers)
(4) Produced means of production is known as ______________ (land / labour / capital / entrepreneur)
(5) Budget is the _________________ of the revenue and expenditure of the coming year. (exact value / estimate / planning of private sector / planning of  co - operative sector.)

(B) Match the following Group ‘A’ with Group ‘B’

Group A
Group B
(a) Electricity
(1) Inelastic demand
(b) Complementary goods
(2) Share brokers
(c) Pension
(3) Elastic demand
(d) D - mat account
(4) Composite demand
(e) Central Bank
(5) Transfer income

(6) Primary function of Commercial Banks

(7) ATM facility

(8) Apex banking institution


(C) State whether the following statements are true or false. (6)
(1) Perfectly inelastic demand curve is parallel to ‘X’ axis. False.
(2) Micro Economic theory assumes full employment. True
(3) There is no product differentiation under monopolistic competition. False
(4) Labour is a perishable factor of production. True
(5) Investment made by the government is autonomous investment. True.
(6) The Cash Reserve Ratio does not affect the lending capacity of the commercial banks. False.

Q2. (A) Define or Explain the following  concepts (Any Three) (6)




.




(B) Give reasons or Explain the following statements (Any Three) (6)







Q3. (A) Distinguish between the following. (Any Three) (6)







(B) Write short notes on (Any Two) (6)





Q4. Write short answers for the following questions. (Any Three) (12)


Q5. Explain, with reasons, whether you Agree or Disagree with the following statements. (Any Three) (12)









Q6. Write explanatory answers. (Any Two) [16]

(1) State and explain in detail the Law of Diminishing Marginal Utility.










ECONOMICS JULY 2016 HSC




ECONOMICS HSC IMPORTANT QUESTIONS FOR BOARD EXAM 2018

ALMOST 99.99% SURE QUESTIONS.

Define / Explain the following concepts. (Any Three)


Give reasons or explain the following (Any Three) (6)



Distinguish between (Any Three) (6)



Write short notes (Any Two) (6)


Write short answers for the following questions (Any Three) (12)

Q5. Explain with reasons whether you ‘agree’ or ‘disagree’ with the following statements (Any Three) (12)


HSC ECONOMICS IMPORTANT EXPLANATORY ANSWERS FOR BOARD EXAM 2018


Q6. Write explanatory answers. (Any Two):  (16)  
State and explain in detail the Law of Diminishing Marginal Utility.

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