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IGNOU BECC-133 Principles of Macroeconomics-I Important Question & Exam Note Download
Top 20 Question of BECC-133
| S.No | Answer the following in about 500 words each. |
| 1 | (a.) Explain Circular flow in four sector model with the help of diagram. (b) Explain Production possibility curve with the help of diagram. |
| 2 | Explain how the circular flows of income and output in a three sector economy take place. Draw appropriate diagram to substantiate your answer. Point out the leakages from the circular flows. |
| 3 | (a) Describe the functions of money. (b) What according to Keynes are the factors that lead to demand for money? |
| 4 | |
| S.No | Answer the following questions in about 250 words each. |
| 1 | Discuss the salient features of Classical theory. How is it different from Keynesian theory? |
| 2 | Explain the following: a. Investment multiplier b. Balance of Trade c. Hot money d. Gross Domestic Product and Gross National Product |
| 3 | a. Explain Keynesian theory of demand for money. b. Derive liquidity preference curve. |
| 4 | Why did the classical economists fail to explain the Great Depression? What is the Keynesian explanation for the same? |
| 5 | Give a brief account of the various instruments of monetary policy. |
| 6 | What according to Keynes are the components of aggregate demand? Describe how equilibrium output is determined in the simple Keynesian model. |
| S.No | Answer the following questions in about 100 words each. |
| 1 | The aggregate income increases from 40 lakh to 200 lakh, as a result of an increase in investment of 16 lakh. What will be the values of MPC and MPS? |
| 2 | How does the Balanced budget multiplier work? |
| 3 | Define the term ‘invisibles’ in the Balance of Payments account. Give two examples of invisibles. |
| 4 | What are the measures of Money supply in India? |
| 5 | Explain various tools of monetary policy. |
| 6 | Explain the concept of liquidity trap. |
| 7 | With an example, explain the concept of double counting. |
| 8 | What is meant by net exports? What are the determinants of net exports? |
| 9 | What type of fiscal policy should the government adopt during recession? Justify your answer. |
Benefit to Solve These Question of BECC133 IGNOU
- Your Writing Speed is Good in Exam
- Your Writing Skill is Improve.
- Some Question are already You solve in these Question
- Separate key points from supporting material.
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FAQ on IGNOU BECC-133 Important Question & Guess Paper English
BECC-133 is Principles of Macroeconomics-I
it is BAG Course in Economics
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