Roll
No…………
Total
No. of Questions : 07
BBA
MACRO ECO\OMTCS
Paper Code (BB - 202)
Paper ID [C0208]
Time
: 03 Hours
Attempt all the question. each carries 2
marks
Define Macroeconomics.
Differentiate between
stocks and flows.
What is difference
between personal income and disposable personal income ?
What are sector
accounts?
What is Aggregate
demand function?
What do you mean by
short run Consumption function?
Differentiate between
Net investment and Gross investment.
What is Foreign Trade
Multiplier?
What is Inflationary
Gap?
Sate the objectives of
Fiscal policy.
Section-B
Attempt any four
questions. Each carries 10 marks.
1. “A
major task of macroeconomics is the explanation of what determines the
economy’s aggregate output of goods & services. ”Discuss.
2. What
do you mean by National income ? Is National income a true indicator of a
country’s economic prosperity?
3. Discuss
in Detail the Permanent Income Hypothesis propounded by Milton Friedman.
4. Discuss
the role & function of money in the economy.
5. Explain
the demand Pull inflation and the Cost Push inflation.
6. Discuss
the role which Fiscal policy can play in promoting economic stability in the
economic system.
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North India Campus