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Important Questions for "Macroeconomics":

[1]

  1. What do you understand by a trade cycle?
  2. Explain circular flow of income in two and three-sector economics.
  3. Enumerate briefly the characteristics of trade cycle. Also briefly explain Samuelson's approach to trade cycle.

[2]

  1. Which issue is concerned with macroeconomics?
  2. Economic growth is related with:
  3. In real balance effect, an increase in the amount of money in the economy affects:

[3]

  1. Who is considered the father of Macroeconomics?
  2. Explain the relationship in Okun's Law.
  3. What does the IS curve represent in economic analysis?

[4]

  1. Differentiate between Microeconomics and Macroeconomics.
  2. Write a brief note on full employment.
  3. What is National Income? Explain various methods used for estimating national income in India.

[5]

  1. Explain food availability decline theory or describe macroeconomics and its scope.
  2. List the main functions of money.
  3. Explain the primary, secondary, and tertiary sectors of the economy or describe inflationary gap and reasons for excess demand.

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