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ECO403_Share your Current Mid Term Papers Spring 2016 at One Place from 27 May 2016 to 8 June 2016

ECO403_Share your Current Mid Term Papers

Spring 2016 at One Place

from 27 May 2016 to 8 June 2016  

 

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Share Your Current Mid Term Papers (Questions/Pattern) 27 May 2016 to 08 June 2016  to help each other. Thanks 

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today's ECO403 Midterm ppr ! :) 
Q1.Suppose general price level rises in economy of korea, what would its effect on the people of korea. (3 marks)
Q2. The price of bread in japan is 700yen while the price of bread in USA is 7$ and real exchange rate is 2.5. Calculate Nominal exchange rate. (3 mrks)
Q.3.A hypothetical economy describes:
Y=C+I+G+NX
Y=5000
G=1000
T=100
C=250+0.75(Y-T)
I=1000-50r
R=5
NX=500-500e
Keeping in view this data calculate:
a) National income
b) Investment. (5 marks)
Q4.Quantity equation ka table tha jismay price find out karni thi and we have to comment on our answer too (5 Marks)
Q.5 Gross domestic product is the necessary element of the economy.GDP is calculated in two terms, economists use the value of final goods or the value added concept. Explain these two concepts with example.(5 marks)

thanks admin kindly trying to provide solution also thanks

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