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IGNOU BECC-134 Principles of Macroeconomics-II Important Question & Exam Note Download
Top 20 Question of BECC-134
| S.No | Answer the following in about 500 words each. |
| 1 | (a.) Explain how IS-LM curves are derived. (b) Explain how adjustments take place in IS-LM model to restore equilibrium. |
| 2 | (a.) How is classical range of the LM curve different from Keynesian range? Explain with the help of a diagram. (b.) Explain Unemployment-inflation trade off with the help of diagram. |
| 3 | Describe the IS-LM model of simultaneous equilibrium in goods and money markets. What do the points outside the IS and LM curves indicate? Use appropriate diagrams to substantiate your answer. |
| 4 | Derive AD curve from the IS-LM model. What are the factors that lead to a shift in the AD curve? |
| S.No | Answer the following questions in about 250 words each. |
| 1 | What is inflation? Discuss various types of inflation. |
| 2 | Explain the impact of the expansionary fiscal and monetary policy on equilibrium prices and output. |
| 3 | Explain short run and long run equilibrium of an economy with the help of diagram. |
| 4 | Distinguish between demand pull and cost push inflation. |
| 5 | What is the significance of the traditional Phillips Curve? Why does the shape of the Phillips Curve change when we introduce expectations into our analysis? |
| 6 | Explain why there could be a conflict between external and internal balance. |
| S.No | Answer the following questions in about 100 words each. |
| 1 | Differentiate between: i) Demand pull and cost push inflation ii) Nominal and real exchange rate |
| 2 | Explain absolute and relative purchase power parity. |
| 3 | Explain different types of unemployment in the economy |
| 4 | What are adaptive and rational expectations? |
| 5 | Explain the factors that will result in the rightward shift in the Aggregate supply curve with the help of diagram. |
| 6 | Give a brief account of the factors lead to a shift in the aggregate supply curve. |
| 7 | State the difference between absolute PPP and relative PPP. |
| 8 | In the IS-LM model, explain why the economy always moves towards the equilibrium point. |
| 9 | Explain the concept of stagflation. |
| 10 | Distinguish between nominal exchange rate and real exchange rate. |
Benefit to Solve These Question of BECC134 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-134 Important Question & Guess Paper English
BECC-134 is Principles of Macroeconomics-II
it is BAG Course in Economics
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