ECO401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
Friday, July 15, 2011 Posted In .Final Term Exam Spring 2011 (July) Edit ThisTotal questions = 64
Total mcq’s = 56
Short questions of 3 marks;
- Define the relationship between monopoly and price elasticity of demand?
- Explain concept of accelerator in your own words?
- Differentiate actual and potential GDP?
- Define money supply curve with the help of diagram?
- Define Philips curve with the help of diagram.
- Balance sheet of UBL bank and calculation of money multiplier.
- Price of margarine is increase, what would be the effect of demand and supply curve on the butter, explain with the help of diagram.
- Calculation question in which NNP and GNP was required.