Macro Economics past/Previous question paper

Macro Economics Final Paper in 2021

Q No 1:

What is meant by contractionary fiscal policy?

Differentiate between Recession and Trough in business cycle.

Differentiate between cyclical and frictional unemployment.

What are real interest rate and exchange rate?

Define the measures of money known as M1 and M2.

Q. No.2

Relate how unanticipated inflation can redistribute real income alongwith who is hurt and unaffected by Inflation.

Q. No.3

Describe how changes in income affect consumption (and saving)?

Q. No.4

Explain the role of built-in stabilizers in moderating business cycles.

Q No. 5

Discuss the meaning of money, functions and kinds of money.