BCom In Accounting & Finance (BCAF) SEM III 2019 2020 Oct 2020 MACRO ECONOMICS Question Paper - Mumbai University | munotes

Questions asked in this paper

• 2) Figures to the right indicate full marks

1. Q1 Answer any two: - 15 marks
   • a) Discuss circular flow of income and expenditure in a three sector economy
   • b) Explain the importance of macro economics
   • c) Examine Keynes theory of determination of effective demand
2. Q2 Answer any two: - a’ Explain Keynesiar te demand for money 15 marks
   • b) Critically evaluate Fisher’s Equation of Exchange
   • c) What are the various effects of inflation?
3. Q3 Answer any two: - 15 marks
   • a) Explain the qualitative techniques of credit control b} What are the factors influencing incidence of taxation? c} Examine the burden of internal debt
4. Q4 Answer any two: - 15 marks
   • a) Evaluate Ricardian theory of comparative cost What are the various types of Foreign Direct Investment?
   • c) Explain the concept & structure of balance of payments
5. Q5 A) Conceptual Questions:- (Any four out of six) 8 marks
   • 2) Excess Reserves
   • 3) Sound Finance
   • 5) Basic Balance
   • 6) Marginal Efficiency of Capital (MEC)
   • B) Multiple Choice Questions: - (Any Seven) 7
   • 1) indicates the measure of national income distribution
   • a) slopes upwards b) slopes downwards c)remains constant d)does not change
   • 3) nota direct cause of demand pull inflation
   • a) deficit financing b) credit creation c) scarcity of raw materials d) All of above
   • 4) country inflation is the result
   • a) Commercial banks bank d) All of the above
   • 6) The free rider problem
   • a) market success b) market failure c) invisibility of market d)None of above
   • 7) Gross barter terms of trade takes into
   • a)all the item b)only trade items & unilateral d)None of above
   • c)creates unemployment of above
   • a) transfer of technology b) vert for technology c) Greater investment d)All of the above
   • 10) The vaiue of multiplier is inversely relatedto

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