Dibrugarh University B.Com
2nd Sem Question Papers
2 SEM TDC GE (CBCS) GE 202
(BL)
Macro Economics Question
Paper 2022 (June/July)
Paper: GE-202 (Macroeconomics)
Pass Marks: 32
Time: 3 hours
The figures in the margin indicate full marks for the questions
1.
Answer the following as directed: 1x8=8
(a)
State any subject matter of macroeconomics.
(b)
Write the meaning of effective demand.
(c)
What do you understand by recognition lag?
(d)
“Inflation is a monetary phenomenon.” Who said?
(e)
GNPMP = ____?___ = GDPMP (Fill in the blank)
(f)
Mention any one method of anti-inflationary fiscal measure.
(g)
In an open economy, Y = C + I + G + ___?____. (Fill in the blank)
(h)
Write the definition of cash reserve ratio (CRR).
2.
Write short notes on any three of the following (within 150 words each): 4x3=12
(a)
Static macroeconomic analysis.
(b)
Role of monetary policy.
(c)
Effects of inflation.
(d)
Exchange rate.
(e)
Demand for real balances.
(f)
Open economy versus closed economy.
Also Read: Dibrugarh University Macroeconomics Question Paper
- Macroeconomics Question Paper 2021
- Macroeconomics Question Paper 2022
3.
Write about the components of aggregate expenditure. Discuss the long-run
equilibrium using aggregate demand and aggregate supply. 6+6=12
Or
What
are the IS and LM curves? How are these curves derived? Write about the factors
that cause shift in the IS and LM curves. 4+4+4=12
4.
Discuss about the Keynesian view regarding the effectiveness of monetary and
fiscal policy. Point out your views in favour of expansionary fiscal policy. 8+4=12
Or
Define
monetary and fiscal policy. Write about the instruments of monetary control of
a country. 6+6=12
5.
Define inflation. Point out two main causes of inflation. Explain different
measures used for controlling inflation. 3+4+5=12
Or
Explain
the trade-off between inflation and unemployment with the help of Phillips’
curve. Elaborate how expected inflation causes a shift in the short-run
Phillips’ curve. 6+6=12
6.
Define open economy. Discuss the impact of foreign trade on national income of
an open economy. 4+8=12
Or
Distinguish
between fixed and flexible exchange rate systems. Discuss the causes of
fluctuations in the exchange rate. 6+6=12
Also Read:
MacroEconomics Question Papers
7.
Define private investment and write about different determinants of it. Suggest
the measures to stimulate private investment. 6+6=12
Or
Give
the definitions of demand for and supply of money. Explain the Keynesian theory
of interest with the help of demand for and supply of money. 4+8=12
***
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