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عم مامه مده مده وعد معد عم عدم ممه س0 111 ]1116
‎FIFTH SEMESTER B.A. DEGREE EXAMINATION, NOVEMBER 7‏
‎(CUCBCSS—UG)‏
‎Economics‏

ECO 5B 07—MACRO ECONOMICS-I
Three Hours Maximum : 80 Marks
Answer may be written either in English or in Malayalam.
Part A

Answer all questions.
Each question carries ¥% mark.

. Micro Economics and Macro Economics are :

(a) Mutually Exclusive. (b) Independent of each other.

(€) Interdependent. (d) Competitive to each other.
Which of the following is incorrect ?

(8) GDP,,,, = GDP at factor cost plus net indirect taxes.

(b) NNP,.= NNP at market prices minus net indirect taxes.

(6) GNP,,,,= GDP at market prices plus net factor income from abroad.

(d) None of the above.
Keynesian Unemployment is :

(a) Voluntary. (b) Cyclical.

(c) Structural. (d) Involuntary.
In the equation p = mv + m’v/T, which element is not assumed to be constant :

(a) p. (9) ४9.

(c) m. (d) T.

If during a year NI at constant prices goes up by 7%, while prices also rise by 7% and population ©
registers a growth of 2%. Then the real income will :

(a) Remain constant. (b) Rises by 5%.
(c) Fall by 5%: (d) Rises by 3.5%.

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