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

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Roll No          

Total No. of Questions : 07]                                                                                    [Total No. of Pages : 02

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

[Note : Please fill subject code and paper ID on OMR]

Time : 03 Hours                                                                                                               Maximum Marks : 60

Instruction to Candidates:

1)   Section - A is Compulsory.

• 2)   Attempt any Four questions from Section - B.

(10*2=2 Law of Market. J

Section - A

Ql)                                                                                                                                                              (10*2= 20)

a)  Give the assumptions of Say's Law of Market

b)        What is Gross National Product

c)         Explain Double Entry System of Income Measurement.

d)        Give assumptions of classical theory of employment.

e)         What do you mean by Aggregate Supply?

f)    Explain the concept of Average Propensity to Consume,
g)'  Distinguish between demand-pull and cost-push inflation?

h)  Give features of Macro Economics.

i)   What is meant by fiscal policy?
j)   What are the functions of money?

Section - B

(4x J0 = 40)

Q2)  Define Macroeconomics. Explain the scope of Macroeconomics?

       Q3)  What is National Income? Explain the various methods of measuring National Income.

Q4)   Discuss critically Permanent Income Hypothesis to Consumption.

Q5)   Discuss the concept of "investment multiplier" and explain its importance.

Q6)    Discuss the role of monetary policy in a developing economy.

Q7)    Discuss the causes of inflation. How can it be controlled?