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# ECO403 Current Final Term Papers Spring 2020 & Solved MCQs, Short Notes, Solved Past Papers, Solved Online Quizzes, E-Books, FAQs, Short Questions Answers & More

ECO403 Current Final Term Papers Spring 2020 & Solved MCQs, Short Notes, Solved Past Papers, Solved Online Quizzes, E-Books, FAQs, Short Questions Answers & More

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ECO403 VU Current Final Term Papers Spring 2020 (10 September onward)

ECO403 current
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)

ECO403 VU Current Final Term Papers Spring 2020 (10 September onward)

Eco403 today's paper
Mcqs were easy. Models ke dates yaad kerna. 70% paper was from IS_LM model and AS_AD model. Due to graphs paper buhat lengthy hogya ta. Koshish kro ke graphs ki ache se practice kro computer per. Or agr graph as a picture na paste ho tu poch lo ya time na waste kerna.. Because mera last question reh gya is chkr mein.
Q. Write 2 examples of advers supply shock. (3)
Q. Why IS curve is negatively sloped? Reason. (3)
Q. Differentiate b/w residential investment and inventory investment. (3)
Q. Diff b/w permanent income and transitory income. (3)
Q. Calculate APC FROM given info. Table was given. In which C ki 3 values and Y ki 3 values thi. 1 marks each. (3)
Q. What will be the effect of increase in M on AD, OUTPUT, AND lm curve in short run. Explain with diagram. (5) graph was given.
Q. Define 100% reserve banking system. Suppose XYZ deposits 5000 rs. Prepare balance sheet accordance to 100% reserve banking system. (5)
Q. Explain rental price of capital with diagram. (5)
Q. Explain Keynesian consumption function with diagram. (5)
Q. The short run effect of an IS shock on Y, AD AND IS. (5) graph was given.

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