BBA (Sem. - 2nd) MACROECONOMICS SUBJECT CODE : BB - 202 Paper ID : [C0208]

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Total No. of Questions : 07]

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BBA (Sem. - 2^nd)
MACROECONOMICS
SUBJECT CODE : BB - 202
Paper ID : [C0208]
Time : 03 Hours                                                                                                  Maximum Marks : 60

Instruction to Candidates:

1)             Section - A is Compulsory.

2)             Attempt any Four questions from Section - B.

Section - A

Q1)                                                                                                                                                      (10 x 2 = 20)

a)            Differentiate between Partial and General Equilibrium.

b)            How NNP is different from GNP.

c)            What do you mean by Macroeconomics?

d)           Define Say's law of market.

e)            What is Aggregate Supply function?

f)             State the various determinants of Consumption.

g)            What is Marginal efficiency of capital?

h)       What do you mean by Balance budget Multiplier?

i)        What is Open & Suppressed Inflation?
j)        What is Liquidity Gap?

Section - B                                                 (4 x 10 = 40)

Q2) Discuss the nature and scope of Macroeconomics.

Q3) Explain the different methods employed in the measurement of National

Income?

Q4) Critically evaluate the Relative Income Hypothesis about the Consumption Function.

Q5) Compare Fisher's version with the Cambridge version of the quantity theory of money.

Q6) Discuss the role which Fiscal policy can play in promoting economic

stability in the economic system.

Q7) What is meant by monetary policy? Explain its various instruments.