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Important Questions for "Macroeconomics":

[1]

  1. Differentiate between Gross National Product and Net National Product.
  2. Write a critical note on the concept of investment multiplier.
  3. Explain clearly the liquidity preference theory of interest propounded by J. M. Keynes.

[2]

  1. Which issue is concerned with macroeconomics?
  2. Who is the father of modern economics?
  3. In the liquidity definition of Gurley and Shaw, which is included in money?

[3]

  1. Who is considered the father of Macroeconomics?
  2. Who introduced the concept of 'money illusion'?
  3. Discuss the nationalization of commercial banks in India.

[4]

  1. Differentiate between Microeconomics and Macroeconomics.
  2. Differentiate between change in demand and shift in demand.
  3. Make a comparison between risk-bearing and uncertainty-bearing theories of profit.

[5]

  1. Explain food availability decline theory or describe macroeconomics and its scope.
  2. Discuss the differences between direct taxes and indirect taxes.
  3. Differentiate between central bank and commercial banks or explain fixed exchange rates and flexible exchange rates.

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