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All India Management Association (AIMA) 2007 M.B.A Marketing Management Business Economics – II - Question Paper

Friday, 01 February 2013 10:50Web
52. The subsequent info is taken from the National Income accounts of a hypothetical economy:
Net exports for the economy will amount to
Particulars MUC
Consumption 3,000
National Income 5,000
Investment 600
Government expenditure 400
(a) 1,000 MUC
(b) 1,400 MUC
(c) 5,000 MUC
(d) 600 MUC
(e) 800 MUC. ( two marks)

53. In an economy, the high-powered money and money supply are 5,700 MUC and 22,800 MUC respectively. If the reserve ratio is 10%,
currency deposit ratio for the economy is
(a) 0.12
(b) 0.18
(c) 0.20
(d) 0.27
(e) 0.30. ( two marks)

54. Consider the subsequent info pertaining to the year 2008:
The net factor income from abroad is
Particulars Rs. in crore
GNP at factor cost 2,10,000
Indirect Taxes 30,000
NDP at market prices 2,60,000
NNP at market prices 2,75,000
GNP at market prices 2,80,000
(a) Rs.10,000 crore
(b) Rs.15,000 crore
(c) Rs.35,000 crore
(d) Rs.50,000 crore
(e) Rs.55,000 crore. ( two marks)

55. The subsequent info is extracted from National Income Accounts of a country:
The national income of the economy will be
Particulars Million Units of
Currency (MUC)
NDP at market prices 33,878
Net factor income abroad 112
Depreciation 1,800
Subsidies 708
Indirect taxes 4,272
(a) 30,242 MUC
(b) 31,020 MUC
(c) 29,567 MUC
(d) 28,770 MUC
(e) 30,426 MUC. ( two marks)

56. In a two-sector economy, the savings function is estimated to be S = – 20 + 0.30Yd.
If the equilibrium output is 800 MUC, the level of investment in the economy is
(a) 140 MUC
(b) 150 MUC
(c) 160 MUC
(d) 220 MUC
(e) 260 MUC. ( two marks)

57. In a two-sector economy the consumption function, C = five + 0.6Y and autonomous investment is equal to five MUC. The equilibrium
level of income in the economy is
(a) 25 MUC
(b) 30 MUC
(c) 50 MUC
(d) 75 MUC
(e) 150 MUC. ( two marks)

58. The subsequent data pertains to National Income aggregates of a hypothetical economy:



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