Ques 1.

Explain the causes and effects of inflation.

Ques 2.

Give a brief account of cost of disinflation in the economy

Ques 3.

Interpret the slope of an LM curve. What will happen when there is a decrease in money supply? Explain with the help of a diagram

Ques 4.

Derive the aggregate demand curve with the help of IS-LM analysis.

Ques 5.

What are the different kinds of exchange rate regimes? State the difference among them.

Ques 6.

Derive the IS curve with the help of the Keynesian cross. Which factors affect the position of an IS curve

Ques 7.

How do you reconcile the vertical long run Phillips curve with the downward sloping short run Phillips curve? Explain with the help of a diagram.

Ques 8.

Adaptive expectations and rational expectations

Ques 9.

Absolute and relative purchase power parity

Ques 10.

Do you agree with the statement ‘Balance of Payments always balances” Comment

Ques 11.

Explain asset market approach to Exchange rate determination.

Ques 12.

Explain Non-Accelerating Inflation rate of Unemployment?

Ques 13.

Why does aggregate demand curve slope downward?