Quaid-i-Azam University Islamabad

Quaid-i-Azam School of Management Sciences

ASSIGNMENT-1 / FALL 2023

Course Code: MS-203 Course Title: Macroeconomics

ASSIG Date: 26 October 2023 DUE Date: 31 October 2023
Degree: Bachelors of Science in Public Administration Semester: BSBA-IIIA Total Marks: 10

Name of Student: ----------------------------------------------------- Registration No:---------------------

ALL QUESTION ARE COMPULSORY

Macroeconomic Indicators 2019 2020 2021

Nominal GDP growth 1.1% -2.5% -0.7%
Real GDP growth 3.2% -1.2% 1.6%
Q-1: (10 points)

The Bank of BERMUDA has published the above macroeconomic data, which depicts
that the rate of inflation was negative in 2019, positive in 2020 and again negative in
2021. Is the statement is TRUE or FALSE, if FALSE then make the necessary correction?

Q-2: Enumerate different types of Multiplier? Highlight the importance of investment

multiplier in macroeconomics; elaborate it with the help of examples from the text?

(10 points)

GOOD LUCK!