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SI. No. of Ques. Paper Unique Paper Codę Name oj Paper Name of Course Semester

Duralion : 3 hours

350 C 227372

Principles ofMacro Economics-I (In Ueu ofMIL)

B.A. Programme — Economics

III

Maximum Marks : 75

Ali questions carry cąual marks. Answer any five questions.

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Questions should be answered either in Hindi or in English, but Ihe same medium should be used throughout the paper. sm srfzrt wmi ii    f tę* ft vm srftv rffa? i

1.    How is income computed using output method?

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2.    Differentiate between Real GDPand Nominał GDP.

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3.    Ulustrate the equilibrium leve! of National Income through income and cxpendi-ture approach. Do you think it is different ifwe use the savings and investment approach?

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4.    What are the motives for holding money?

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5.    What are the difficulties of barter system? How does the use of money rcsolve these?.

P. T. O.