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Question 1 Discuss the relationship between microeconomics and macroeconomics
Question 2 What do you understand production method? What precaution should be taken while calculating national income with the help of this method?
Question 3 Distinguish between aggregate demand function and aggregate supply function
Question 4 The Phillips curve suggests that a sufficiently high percentage of unemployment is needed for non-inflationary price stability. Discuss
Question 5 With the help of graph discuss the determinants of transaction demand
Question 6 Write a note on the nature and sources of economic growth
Use a diagram of the open economy model (e.g. fig 32.4 from the text) to illustrate and explain the effect of the following event on the market for loanable funds, the level of net
what is money multiplier? what is role , importance, advantages , disadvantages , limitations and examples of money multiplier?
Those economists who believe that monetary policy is more potent than fiscal policy argue that the: A) Responsiveness of money demand to the interest rate is large. B) Responsive
A passive deficit is the portion of the deficit that exists when: A. inflation is not fully anticipated. B. inflation is fully anticipated. C. the economy is at potential income. D
Effects of consumption function.
Discuss the problems of measuring productivity in actual work situations. Also how productivity might be measured for each of the following industries? Finance and insurance (examp
Was money a better store of value in the United States in the 1950s than it was in the 1970s? Why or why not? In which period would you have been willing to hold money? Which one w
Government revenue, government spending and net exports G, NT and NX are exogenous variables in the classical model In the classical model (and
The annual income from an apartment complex is $20,664. The annual expense is estimated to be $3,414. The apartment complex could be sold for $146,499 at the end of 10 years. If yo
what cause keynesian unemployment?
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