Published by: Dikshya
Published date: 12 Mar 2023
POKHARA UNIVERSITY
Introductory Macroeconomics Spring 2017
Level: Bachelor | Semester – Spring | Year : 2017 |
Program: BBA/BBA-BI/BBA-TT/BCIS/BHCM | Full Marks: 100 | |
Course: Introductory Macroeconomics | Pass Marks: 45 | |
Time:3hrs | ||
Candidates are required to give their answers in their own words as far as practicable. | ||
The figures in the margin indicate full marks. |
Section “A”
Very Short Answer Questions
Attempt all the questions. | 10×2 | |
1 | What is macroeconomics? | 2 |
2 | What are the leakages and injections in the circular flow model? | 2 |
3 | What is the essence of say’s law of market? | 2 |
4 | The value of MPC lies between 0 and 1. Justify. | 2 |
5 | State the Keynes’s psychological law of consumption. | 2 |
6 | Define the consumption and saving equations. | 2 |
7 | Write any four characteristics of depression phase of business cycle. | 2 |
8 | Mention the instruments of monetary policy. | 2 |
9 | What type of fiscal policy is considered as expansionary fiscal policy? | 2 |
10 | Define inflationary gap. | 2 |
Section “B”
Descriptive Answer Questions
Attempt any six questions | 6×10 | |||||
11 | Explain various issues of macroeconomics. | |||||
12 | What is NI? Explain the various difficulties to measurement of NI. | |||||
13 | Define GDP and calculate NI at market price and factor cost from the following data.
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14 | Explain the principle of effective demand. Is it possible to raise the employment to the full employment in the Keynesian theory? Justify. | |||||
15 | Suppose the behavioral equations for an economy are given as follows:
C= 100+ 0.75Yd , I= 300, T= 50+0.25Y, G= 150 i. Find the equilibrium level of income. ii. Find government expenditure multiplier and determine equilibrium income if government expenditure increased by 50. |
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16 | What is demand-pull inflation Explain the causes of demand-pull inflation. | |||||
17 | Define fiscal policy. Explain the objectives of fiscal policy in developing countries like Nepal. |
Section “C”
Case Analysis
18. Read the situation given below and answer the questions that follow. | |||
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