{This question paper contains 2 printed pages.] Sr.No.of Question Paper : 90 E Your Roll No... Unique Paper Code: 227372 Name of the Course: B.A, Programme - Economics Name of the Paper _: Principles of Macro Economics — I (in lieu of MIL) Semester : It : Duration : 3 Hours Maximum Marks : 75 Instructions for Cai 1.. Write your Roll No. on the top immediately on receipt of this question paper. 2. All questions carry equal marks. 3. Attempt any five. 4. Answers may be written either in English or Hindi; but the same medium should be used throughout the paper. wai @ fay fen L See eee ae eee are oe egeee ent 2. Wh wet Fw ao 3 aE ote wet S oy GA 40 RUTH eT att oT FBS BR ee eT Gre, APT we Sa aT area ea & dar alee 1, What is a consumption function ? Illustrate with the help of a diagram. (5) arin wert aa 2 ? Tener fern an sare Safa 1 2. How can National Income be derived through the Income and Expenditure approach ? (15) Usa ara A ary a fore ana war ay a AAA at fAduaT aA | 3. What is an investment multiplier ? How does MPC influence it ? (is) Pas que fad aed 8? Sas seein wafer ar sa HK SA yg 2? VET aAifore 1 PTO.90 2 Diagrammatically determine the equilibrium level of income in a four sector economy. (1s) arkete Rear gre aren aay eR aR asa gat afore Fwy sa a Pater Ha tar 3? Differentiate between Potential and Actual GDP. How does an economy bridge the gap in a two sector model ? (15) areata GDP wa Wenfaa GDP % sie were | care aAfane far ar Rae sefereaT GDP sare at oft BA erat F ? What are the various forms that money can take ? How has the form changed over-the years ? (1s) We SS sen gre ea aT aoe SA 1 wT ST aT SF aT HA act F ? TET ana 1 ‘What are the major functions that money performs ? Differentiate between ‘money’ ~ and ‘near money’. (is) a & and aan 3? a fone wan fae aera fr 27 Write short notes on any two of the following : (@) Money as a medium of exchange. (b) Tax multiplier (c) GNP and NNP (TATA) ‘frdi A we ont sifie: (&) apr an fare ar ae () Rye (3) wae ee see ae wa Re TET (100)