Bachelor of Arts (B.A.) SEM IV 2018 19 April 2019 ECONOMICS PAPER II Question Paper - Mumbai University | munotes

Questions asked in this paper

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1. Q2 Each Question carries 20 marks
2. Q4 Use of simple calculator is allowed
3. Q1 Attempt any two of the following : 20 marks
   • a. What is Money? Explain the various determinants of the money supply
   • b. Discuss Fisher’s cash transaction approach
   • c. Explain the factors affecting velocity of circulation of money
4. Q2 Attempt any two of the following : 20 marks
   • a. Discuss the Keynesian motives of demand for money
   • b. Explain the concept of ‘Liquidity Trap’
   • c. Describe the shifts in LM curve in the money market equilibrium 3, Attempt any two of the following : 20
   • a. Explain the investment demand function
   • b. Write a note on concept of ‘animal spirit’
   • c. Derive the IS curve from the goods market equilibrium
5. Q4 Attempt any two of the following : 20 marks
   • a. Describe the general equilibrium in the goods and money market with the help of IS-LM model
   • b. Explain the quantitative instruments of monetary policy
   • c. Explain the effectiveness of fiscal policy under IS-LM model
6. Q5 Write note on : (Any Two) 20 marks
   • a. Money multiplier
   • b. Saving function
   • c. LM Curve
   • (2) 2o TUT Bled
   • A) IS-LM

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