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My today's ECO403 paper:

Total marks: 83

Total Qs: 55

Total MCQs: 46

The long ( 5 marks * 5) and short (3 marks * 4) questions are as follows:

1. MPC ans MPS was given, compute govt. purchases multiplier.

2. differentiate b/w floating and fixed exchange rates.

3. differentiate b/w residential and inventory investment.

4. how does a tax cut affect output and consumption.

5. if stock market booms consumers get richer, discuss the effects of this event using IS-LM framework.

6. define inventory investment. why do firms want to hold inventory.

7. which component of output is crowded out by increase in govt. spending, what should govt. do to avoid crowding out.

8. what contribution did Simon Kuznet made in the consumption analysis.

9. how does the following events affect supply of housing?

   a) a decrease in interest rate?

   b) a decrease in population

Regards...

Thanks

What about mcqs from which past paper file they came?

THanks 

samra tariq for sharing

Q:1 What is the difference b/w Life Cycle Hypothesis and Keyesia Consumption Function?(3marks) Q:2 Differentiate b/w Residential Investment and Inventory Investment?(3marks) Q:3 Write down National Income Identity and its components?(3marks) Q:4 The government decide to cut taxes to give the economy an extra boost. Describe the short run and long run impact of this tax cut in the IS-LM Framework. Assume that the company is at full employment level.(3marks) Q:5 Discuss the basic idea of corporate income tax and investment tax credit?(5marks) Q:6 Highlight the major difference b/w Modiglion'i Life Cycle Hypothesis and Permanent Income Hypothesis?(5marks) Q:7 Discuss at least three reason why real wages are rigid?(5marks) Q:8 D9iscuss graphically the impact of a decrease in money supply on the IS-LM Framework?(5marks)


1. MPC ans MPS was given, compute govt. purchases multiplier.

2. differentiate b/w floating and fixed exchange rates.

3. differentiate b/w residential and inventory investment.

4. how does a tax cut affect output and consumption.

5. if stock market booms consumers get richer, discuss the effects of this event using IS-LM framework.

6. define inventory investment. why do firms want to hold inventory.

7. which component of output is crowded out by increase in govt. spending, what should govt. do to avoid crowding out.

8. what contribution did Simon Kuznet made in the consumption analysis.

9. how does the following events affect supply of housing?

   a) a decrease in interest rate?

   b) a decrease in population




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