Macro Economics: Instruction To Candidates

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19333 Roll No.


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No. of Pages
19333 : 02 19333

Total No. of Questions : 09


BBA (2012 & onward Batches)
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Bachelor in Service Industry Management (SIM)/BRDM (2014 & onwards)
(Sem.–2)
MACRO ECONOMICS
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Subject Code : BBA-202
Paper ID : [C0241]

19333 Time : 3 Hrs.


19333 19333 19333 19333 19333 Max. Marks
19333 19333 : 60 19333

INSTRUCTION TO CANDIDATES :
1. SECTION-A is COMPULSORY consisting of TEN questions carrying T WO marks
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2. SECTIONS-B consists of FOUR Sub-sections : Units-I, II, III & IV.

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3. Each Sub-section contains T WO questions each, carrying T EN marks each.
4. Student19333
has to attempt
19333any ONE question from19333
each Sub -section.

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1. 19333
Write briefly : 19333
SECTION-A
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.r c 19333 19333

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a. Define macroeconomics.

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b. What are the two 19333
a
major difficulties

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19333 19333 19333 19333in measuring national income?
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c. Define laissez faire.

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b p
19333 19333 d. Critically
19333 evaluate19333
the say's law of market briefly.
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e. Define internal rate of return.


a
rp
19333 19333 f. Define
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b
g. What is a static multiplier?

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h. Compare
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the classical
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and Keynesian
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theory of19333
interest rate. 19333 19333 19333

i. Define CRR.
j. What are open market operations?
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1|M C o de 10 5 45 (S12)-708

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SECTION-B
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UNIT-I
2. Explain the various concepts of national income. Under what circumstances national
19333 19333 income19333
tends to be underestimated?
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3. Explain the circular flow of income (diagrammatically) in an economy including the


foreign sector.
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UNIT -II
4. ‘Supply creates its own demand’. Critically examine this statement.
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5. Compare and contrast the life cycle and permanent income hypothesis.

UNIT -III
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6. Discuss the concept of multiplier as put forward by Khan and Keynes.

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7.
19333 inducement
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What do you mean by induced investment? Discuss in detail the determinants of
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UNIT - IV
8. Distinguish between demand pull and cost push inflation. How have these two19333
views on

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e
inflation been reconciled?
9.
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Compare and contrast the transactions and cash balances approach of quantity theory of

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money.19333 19333 19333 19333 19333 19333 19333

r p e
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a
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p
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rp
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2|M C o de 10 5 45 (S12)-708

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