10 to 12 MCQ’s were from current papers remaining were new.
Subjective Q’s were as follows.
It is said that growth is an important macroeconomic issue. Why? Discuss. 3
Explain the money demand curve with the help of diagram? 3
If y = Y / L, where, Y = Total GDP, L = Population, y = per capita GDP then prove that Growth rate of per capita income = Growth rate of total output - Growth rate of population. 5
Discuss the equilibrium in money market and explain with the help of diagram? 5
If government increases spending e.g., increases the wages of government servants, how it will affect the consumption, production and hiring of new employees? 5
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