Roll
No…………
Total
No. of Questions : 07
Paper ID [BB202]
(Please fill this Paper lD in OMR Sheet)
BBA (Sem. - 2"d)
MACRO ECO\OMTCS (BB - 202)
Time
: 03 Hours
Instruction
to Candidates:
1) Section-A is. Compulsory.
2) Attempt any Four
questions from Section - B.
Section - A
Ql)
Differentiate between partial
and general equilibrium.
Define GDP and NDP.
What are the basic
assumptions of classical theory of employment?
What is the importance
of consumption function?
What is Autonomous
Investment?
What are the
determinants of marginal efficiency of capital?
What are the leakages
from the multiplier?
Define Inflation.
What are the objectives
of fiscal policy? Define money.
Section
- B
Q2) Define
circular flow of income. Explain circular flow of income in a three sector
economy.
Q3) Explain
Say's Law of Market. What are its implications?
Q4) What is
Effective Demand? How does it determine the level of employment?
Q5) Explain
liquidity preference theory of rate of interest.
Q6) Define
multiplier, what is its relevance in the developing countries?
Q7) Examine
the role of monetary policy to control Inflation.
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