Previous Year Very Short Questions of ME (BBA 2nd)

Macro economics

Previous year question paper with solutions for Macro economics

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  1. Gross National Product
  2. Functions of Money
  3. Autonomous Investment
  4. Net Present Value
  5. Multiplier
  6. Partial Equilibrium
  7. Propensity to Consume
  8. Life Cycle Hypothesis
  9. Monetary Policy
  10. Inflation
  11. What are the areas covered under Macro Economics?
  12. Distinguish between general equilibrium and partial equilibrium
  13. Show the circular flow of output income and expenditure in a two sector economy by taking households and enterprises.
  14. What do you understand by Mixed Income?
  15. Define Propensity to Save.
  16. What do you understand by planned investment?
  17. What are the leakages from the process of income generations?
  18. What do you understand by Open and Suppressed inflation?
  19. What is the role of money in a capitalistic economy?
  20. What are main objectives of monetary policy?
  21. Difference between partial and general equilibrium
  22. GDP
  23. Transfer payments
  24. Relative income hypothesis
  25. Net present value
  26. Foreign trade multiplier
  27. Leakages from multiplier
  28. Marginal efficiency of capital
  29. Phillips curve
  30. What is the meaning of Money?