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

M.COM I MAY 2017 MACRO ECONOMICS.pdf
PART I · 318 KB · 1 May 2025

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Older exam May 2018 - I RESEARCH METHDOLOGY Semester-end · 2017 2018 → Newer exam May 2018 - I ECONOMICS Semester-end · 2017 2018 →

Questions asked in this paper

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  • 2. Figures to the right indicate full marks
  1. Q2 A. Explain goods market equilibrium with the help of IS function. What cau shift in the IS function?
    • B. Explain money market equilibrium and derive LM function. What determines the slope of 07 C Examine the effect of increase in government spending and tax rates on Income and interest rates in 08 the IS-LM model
    • D. Bring out the effect of monetary policy on income and interest retes in the model. 07
  2. Q3 A. Discuss expenditure changing policies to correct diseauilibrium in the balance of payments, 8 marks
    • B. Discuss the right policy mix for correcting internal and external disequilibrium with the help of 0
    • C. Explain meaning of devaluation and revaluation. Examine the elasticity and absorption approaches. 0
    • D. Examine the J-curve phenomenon following devaluation or depreciation of the currency. 0
  3. Q4 A. Select the correct answer and rewrite the following statements: (
    • (i) The total money value of goods and services produced by the nationals during a given year is
    • d) None of the above 3 (ii) In developing countries measurement of national income involves problems like <a)? Prevalence of non-monetized sector Lack of adequate statistical data of proper accounting practices a d) Allof the above
    • Q.P. Code :09716
    • (iii) Gross Domestic Product in an open economy includes
    • d) None of the above
    • a) Nominal progress in the economy
    • c) Rate of deflation in the economy
    • d) None of the above Real interest rate explains changes in
    • a) Purchasing power
    • b) Money income
    • c) Rate of inflation
    • d) None of the above Measures gender disparities in
    • a) Reproductive health
    • b) Empowerment Validate the following statements: =
    • (i) “GDP includes income earned by nationals living abroad
    • (ii) GDP deflator is used to work out real GDP fiii Capital inflows are due to high real interest rate in a country
    • (iv) Disempowerment of women will improve GDI of a country, Write Short notes on any 15 and expenditure methods of measuring national income of aggregate demand Applicability of IS-LM in India for the period 1995-96 to 2005-06 & ~ Effect of tight money:policy on the balance of payments

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