Macro economics
Previous year question paper with solutions for Macro economics
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- Gross National Product
- Functions of Money
- Autonomous Investment
- Net Present Value
- Multiplier
- Partial Equilibrium
- Propensity to Consume
- Life Cycle Hypothesis
- Monetary Policy
- Inflation
- What are the areas covered under Macro Economics?
- Distinguish between general equilibrium and partial equilibrium
- Show the circular flow of output income and expenditure in a two sector economy by taking households and enterprises.
- What do you understand by Mixed Income?
- Define Propensity to Save.
- What do you understand by planned investment?
- What are the leakages from the process of income generations?
- What do you understand by Open and Suppressed inflation?
- What is the role of money in a capitalistic economy?
- What are main objectives of monetary policy?
- Difference between partial and general equilibrium
- GDP
- Transfer payments
- Relative income hypothesis
- Net present value
- Foreign trade multiplier
- Leakages from multiplier
- Marginal efficiency of capital
- Phillips curve
- What is the meaning of Money?
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