ECO401 Final Term Current Paper (Feb 2011)
Thursday, February 17, 2011 Posted In .Final Term Exam (Feb 2011) Edit This
ECO401 Final Term Current Paper (Feb 2011)
2On what factors steady state growth rate of real GDP depends ? (3)
Water which is essitional for life is so cheap while diamound are nt so esstional for life are so expensive why disscuss.(5)
Caulate GNP, NNP (5)
What are the wffect of expacisionary fiscal on country debt.
Give the formula of the following 3
GNP, NNP,GDP Defaltor
Function of Central bank5
Pull demand inflation, cost push inflation difference 5
The discounted value of the net returns that the asset generates over a period of time plus the discounted value of its disposal value at the end of the period minus the initial purchase cost is known as:
► Future value.
► Net present value.
► Discounted value.
► Disposal value.
Question No: 23 ( Marks: 1 ) - Please choose one
The level of output produced when the labor market is in equilibrium is called:
► Target output.
► Product market equilibrium output.
► Full-employment output.
► Natural output.
What will happen to LM curve if the central bank increased the supply of real money balances?
► It would become steeper.
► It would become flatter.
► It would shift upward.
► It would shift downward
Slope and elasticity of demand have
► A direct relation.
► An inverse relationship.
► No relation between slope and elasticity.
► None of the given options
If
average physical product (APP) is decreasing then which of the following must
be true?
► Marginal physical product is more than the average physical product.
► Marginal physical product is less than the average physical product.
► Marginal physical product is decreasing.
► Marginal physical product is increasing.
Classical economics was replaced as the dominant theory of
macroeconomic analysis by:
► Monetarism.
► Rational expectations.
► Keynesian economics.
► Neoclassical economics.
Water which is essitional for life is so cheap while diamound are nt so esstional for life are so expensive why disscuss.(5)
Caulate GNP, NNP (5)
What are the wffect of expacisionary fiscal on country debt.
Give the formula of the following 3
GNP, NNP,GDP Defaltor
Function of Central bank5
Pull demand inflation, cost push inflation difference 5
And fellowing mcq were which I rember.
Which of the following is the best example of a public good?
► A cup of coffee.
► A monthly magazine.
► A haircut.
► An interstate highway.
Marginal profit is equal to:
► Marginal revenue minus marginal cost.
► Marginal revenue plus marginal cost.
► Marginal cost minus marginal revenue.
► Marginal revenue times marginal cost.
Classical economics was replaced as the dominant theory of macroeconomic analysis by:
► Monetarism.
► Rational expectations.
► Keynesian economics.
► Neoclassical economics.
In Keynesian economics, a deflationary gap results if:
► Aggregate expenditures are greater than aggregate production.
► Aggregate expenditures are equal to aggregate production.
► There are no changes in inventories.
► Aggregate expenditures are less than aggregate production.
Assume that there is no government or foreign sector, if the marginal
propensity to save (MPS) is 0.2, then the value of saving multiplier will be equal to:
► 0.80
► 1.20
► 0.50
► 1.25.
output?
► The next unit produced will decrease profit.
► The next unit produced will increase cost more than it increases revenue.
► The next unit produced will increase revenue more than it increases cost.
► The next unit produced will increase revenue without increasing cost.
Water which is essitional for life is so cheap while diamound are nt so esstional for life are so expensive why disscuss.(5)
Caulate GNP, NNP (5)
What are the wffect of expacisionary fiscal on country debt.
Give the formula of the following 3
GNP, NNP,GDP Defaltor
Function of Central bank5
Pull demand inflation, cost push inflation difference 5
The discounted value of the net returns that the asset generates over a period of time plus the discounted value of its disposal value at the end of the period minus the initial purchase cost is known as:
► Future value.
► Net present value.
► Discounted value.
► Disposal value.
Question No: 23 ( Marks: 1 ) - Please choose one
The level of output produced when the labor market is in equilibrium is called:
► Target output.
► Product market equilibrium output.
► Full-employment output.
► Natural output.
What will happen to LM curve if the central bank increased the supply of real money balances?
► It would become steeper.
► It would become flatter.
► It would shift upward.
► It would shift downward
Slope and elasticity of demand have
► A direct relation.
► An inverse relationship.
► No relation between slope and elasticity.
► None of the given options
If
average physical product (APP) is decreasing then which of the following must
be true?
► Marginal physical product is more than the average physical product.
► Marginal physical product is less than the average physical product.
► Marginal physical product is decreasing.
► Marginal physical product is increasing.
Classical economics was replaced as the dominant theory of
macroeconomic analysis by:
► Monetarism.
► Rational expectations.
► Keynesian economics.
► Neoclassical economics.
Water which is essitional for life is so cheap while diamound are nt so esstional for life are so expensive why disscuss.(5)
Caulate GNP, NNP (5)
What are the wffect of expacisionary fiscal on country debt.
Give the formula of the following 3
GNP, NNP,GDP Defaltor
Function of Central bank5
Pull demand inflation, cost push inflation difference 5
And fellowing mcq were which I rember.
Which of the following is the best example of a public good?
► A cup of coffee.
► A monthly magazine.
► A haircut.
► An interstate highway.
Marginal profit is equal to:
► Marginal revenue minus marginal cost.
► Marginal revenue plus marginal cost.
► Marginal cost minus marginal revenue.
► Marginal revenue times marginal cost.
Classical economics was replaced as the dominant theory of macroeconomic analysis by:
► Monetarism.
► Rational expectations.
► Keynesian economics.
► Neoclassical economics.
In Keynesian economics, a deflationary gap results if:
► Aggregate expenditures are greater than aggregate production.
► Aggregate expenditures are equal to aggregate production.
► There are no changes in inventories.
► Aggregate expenditures are less than aggregate production.
Assume that there is no government or foreign sector, if the marginal
propensity to save (MPS) is 0.2, then the value of saving multiplier will be equal to:
► 0.80
► 1.20
► 0.50
► 1.25.
output?
► The next unit produced will decrease profit.
► The next unit produced will increase cost more than it increases revenue.
► The next unit produced will increase revenue more than it increases cost.
► The next unit produced will increase revenue without increasing cost.
