All India Management Association (AIMA) 2007 M.B.A Marketing Management Business Economics – II - Question Paper
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(b) Unemployment
(c) The supply of money
(d) Interest rates
(e) The demand for money. ( one mark)
14. The subsequent info is extracted from the National Income Accounts of an economy for the year 2008:
What is the GNP at market prices?
Particulars Rs. crore
GNP at factor cost 2,40,000
Depreciation 20,000
Subsidies 14,000
Net factor income from abroad 10,000
Indirect taxes 36,000
(a) Rs.2,60,000 crore
(b) Rs.2,62,000 crore
(c) Rs.2,72,000 crore
(d) Rs.2,76,000 crore
(e) Rs.2,78,000 crore. ( two marks)
15. Which of the subsequent is/are not included in market transaction?
I. Production not reaching the market.
II. Wages paid in type to maidservant for the services done by her.
III. Value of housework done by housewives.
(a) Only (I) above
(b) Only (II) above
(c) Both (I) and (II) above
(d) Both (I) and (III) above
(e) All (I), (II) and (III) above. ( one mark)
16. Who among the subsequent favor an active role for government in promoting low inflation and economic growth?
(a) Only Keynesians
(b) Only Monetarists
(c) New Classical economists
(d) Monetarists and Keynesians
(e) Monetarist and Supply side economist. ( one mark)
17. Which of the subsequent is not learned in Macro economics?
(a) Gross domestic product
(b) The inflation rate
(c) The unemployment rate
(d) Aggregate industrial production
(e) The price of Nokia cell phone. ( one mark)
18. An increase in net taxes or a reduce in government spending which lead to a reduce in aggregate output is termed as
(a) A contractionary fiscal policy
(b) A contractionary monetary policy
(c) An expansionary fiscal policy
(d) An expansionary monetary policy
(e) A discretionary monetary policy. ( one mark)
| Earning: Approval pending. |
