B.B.s.4 Yrs. Prog/1 Yoar /MGMT
Macro Economics (MGT 206)
Full Marks 100 Time: : 3 hours
Candidates are required to give their answers in their own words as far as practicable .The figures in the margin indicate full marks
.Group “A” [10×2-20]
Brief Answer Questions
Attempt ALL questions.
.1.What are the sources of deficit financing?
2. Write any four subjective determinants of consumption function.
3 Prepare a list of objectives of fiscal policy.
4 Which type of inflection is considered as good for economy.
5 List out the characteristics of business cycle.
6.The value of MPC lies between zero & one. Justify with proper reason.
7 What is money market ?
8 Point out the major sources of economic growth.
9 Distinguish between absolute poverty and relative poverty.
10 complete the table
Group “B” [5*10=50]
Short Answer Questions
Attempt any five questions.
11 How micro macro and economics are interdependent to each other.Explain.
12. Explain the circular flow of income and expenditure in a two sector10economy.
13. Calculate the GNP, NNP, NI, PI & DI from the data given below:
|items||Rs in million|
|1||Gross domestic product||3000|
|2||Net factor income from abroad||10|
|3||capital consumption allowance||600|
|6||Social security contribution||500|
|7||Government $ business transfers||500|
14 What is monetary policy?
15 Explain the its objectives in a developing country like Nepal.
16 . Let the consumption function and investment function in an economy are: C = 40 +0.7y, I = 20
(a) Compute the equilibrium income, consumption & investment.
(b) What will be the new equilibrium income, consumption and investment when investment increases by Rs. 5 million?
1 6 What are the effects of inflation on production? Explain.
Long Answer Questions
Attempt any TWO questions.
17. Explain the IS – LM model of income determination.