List of top Economics Questions asked in Kerala Plus Two(Class 12)

What are the central problems of an economy in relation to scarce resources?
A garment factory replaces 50 workers with some machines to reduce the costs of production. Which central problem of an economy is being added in the statement?
Which of the following cost curve is a rectangular hyperbola?
The situation where market supply equals market demand is called
An individual unit who takes decisions relating to its own consumption is
What is GDP deflator? Distinguish between Real GDP and Nominal GDP.
When income increases, the budget line shifts towards
The point on which a firm earns only normal profit in the short run
Want satisfying capacity of a commodity
The year in which J.M. Keynes published his book 'The General Theory of Employment, Interest and Money'.
The consumption that takes place when income is zero. It is called
Goods that are used by producers as inputs