Bachelor Of Mass Media (BMM) SEM IV ATKT BUSINESS ECONOMICS II Question Paper - Mumbai University | munotes

Questions asked in this paper

• 2, Figures to the right indicate full marks
• 4. Attempt all questions

1. Q1 National Income is the most reliable index of economic
2. Q2 Consumption varies at the same rate as the change in
3. Q3 According to Keynes, specuiative demand for money is independent of interest rate
4. Q5 Deficit financing as a form of public borrowing
5. Q6 Canon of diversity implies that there should be multiple tax nature
6. Q7 Capital rich countries will export capital-intensive
7. Q8 Balance of Payments always balances in the accounting
8. Q9 Flexible exchange determined by x
9. Q10 FDI establishes 3 controlling interest foréign Based company 2)Marginal efficiency of capital of export price to import price
   • e)Argument in support of protected trade barter terms of trade g) Forward rate > Spot rate
   • h)Official reduction in value of currency
   • Q.P, CODE:
10. Q2 a) What are Trade cycles? Discuss its features
    • b) Explain the Keynesian Principle of Effective Demand
    • c)Explain the leakages and injections in the circular flow of income in 2 four sector model
    • d)What is multiplier theory? its working
11. Q3 a)Discuss the factors affecting money supply, 8 marks
    • b)What do you understand by ‘ inflation
    • c) Explain the effects of inflation. 8
    • d) Which instruments can be used to monetary policy? Explain. 0.4 a) Explain the objectives of fiscal (8) 7
    • b) What is the effect of taxation on consumptia {7)
    • c) What do you understand by retion ary’ fiscal policy?
    • d) What are the objectives of Fiscal Budget Management Act? 7
12. Q5 a) Discuss the structure of Balance of 8 marks
    • b)What is flexible exchange rate system? merits. Write short notes (on any (15) Spot and Forward rate of exchange 1 7

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