Master of Commerce (M.Com.) Part I SEM II 2017 2018 May 2018 I ECONOMICS Question Paper - Mumbai University | munotes

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Q1 _ “The intersection of the aggregate supply and the aggregate function the equilibrium level of income and output”
- A) Write a note on “Inflationary Gap”
- B) Explain the trade-off between Inflation and oyment inthe
Q2 Explain the goods market equilibrium help of IS. curve. Discuss the derivation of the LM curye shiftin (08) 7 marks
- c) Examine the effects of fiscal on rate in the model: 7
- d) Bring out the effects of monetary interest rate 8
- Q. Define balance of payments-and discuss.the disequilibriant in the BOP. Write a note on (08) Describe the ehanging policies to reduice the BOP. (07) 7
- d) Write short notes on* 8
Q4 A) State following statemefits-are 7 marks
Q2 GDP net factor income from
Q5 The the inflation rate are not
Q6 PRP Was developed
Q7 quantitative — Please check whether you have got the.right

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