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Ifa) 14b) Lic) 1d) i.e) 2.(a) 24b) 240) Mad 30) HXS-U-ECON soratiga aR yt aT win wa aatee fe Ae eee ox crfine scam & feaht arn eh Pi BPR Using generalised Lorenz dominance show that lower inequality represents higher TER SF Se Sirens 8 feats & nen fet Wee abe fy " Heda ionship between business cycle and changes in — a aear-sur fo-Pae & es St ada deat #2 seen tex se | Docs government borrowing always crowd out the private investment ? illustrate afe eeR aque a A ost oer 2 at Is ax afie ah ca ae A en a TORT A OS BK MET SA AY 1S OR OT eRe ae Gare ARTs | The slope of the IS schedule will become steeper if the government reduces the rate of i tax but will not change at all if the government reduces the level of a lump sum tax. True or false ? Explain. 10 att & ware cere garitten wien en faseipa-sene gatfirer ates A fara A aren Fifi | Explain the differences between Cournot model of duopoly with similar product and differentiated product. t a B ongfva ait am 3 fa wer ar sq ante 2 2 are an argfaa Fis ae Sle GRIEG Seed ts ie tn we thee 7 Oe oe os eifan | What type of conjecture is involved in the existence of kinked demand curve ? Do you think that kinked demand curve mode] is a price determination mode! in an oligopoly market ? Justify your answer. S+10 adie Gifire fs fara ft omen # am, waett wa aa, are & ex Hh afte * ars faa eer fra fire ace @ aftrita Be EI , Examine how profit, wage and rent in Ricardian system move differently with the eee _ f os caiey, Wan (sraanen wertee) 4 te, Aer ws erie Gees ac sew we Fy y = — Saliba ni ha . meen eect fergie ar wer axa er aren Aifae fH Aat-yh H afe =a A OSA Ew wes Gore rua eo en oo we y the theory of liqui ; y ie tec Wha ees ipso wees eee 2 ee 34e) 4a) Axo) 440) 5.(a) 5.06) 5c) 5.(d) Sc) ait fever Ah cata ater iy estes afore wearane vies # feeet eer Fate fi 78 8, saver Sifre | Explain how the weaknesses of Keynesian speculative demand for money have been identified in Regressive Expectations model. 20 marae wa) raters Ary BO, Meme yo UM AT Gent A, pene HT RETESET ft ann cacra shire. | wearer get eI IE 8 app Hy GHET H GT ? Derive short-run aggregate supply curve following Lucas, when expectations are not realised, assuming that labour market clears, What will be its shape when expectalions aré fulfilled ? 1045 Seve geht ger at ie Hata for, | ae Phage & fein Fg ayaa HY ATTEN | Describe high powered theory: of money supply in brief. State the assump made in its construction 847 rae fra A sar ado ae ger aaah orm A ae va aa et aiid aa Sore a OR arterme 3 AA feria eam eth G7 Fes alert S ‘aaa : @) we ae aniemen H fen fared eS | : e Gi) ver wal ankarren 4 fem Patton ae ws fen fact static & a | Do you think that increase in Government spending through borrowing {rom public accompanied by fall in required reserve ratio, generates recession in the economy 2 Illustrate your answer: () in a closed economy with fixed exchange rate. (i) in.an open economy with fixed exchange rate and without any capital mobili 20 ws ‘B’ = SECTION ‘B’ frafafaa were oes at See a 150 geet F eifre | ‘Answer the following questions in about 150 words each < 10*5=50 afte-atere ve Rene aes A aes ar aire 2) tse -dst & ea facia ft seat ifort | Explain Rosenstcin-Rodan’s view that economié underdevelopment is the outcome of a massive coordination failure. 0 1 fam wacaatta area Reaves ets Fret warm Fife Fear or eT @, sare chit | Explain how gender sensitive human development index can be constructed. 10 atten fin srrsarteer sare Be mera eer ae = Fae snes eahtaven oe gale & | Show that the economic integration is the pre-requisite to establish covered interest rate parity. 10. greats Patera a freer a ‘orem Abend St ata eich @ 7 aa ofa | Under what condition Real Exchange Rate is synonymous to “terms of trade’? Discuss. 10 an ara ga 8 werd & fi aa wy ore goat snes are st ahiieTa aT @ 7 ren Fifer | Do you agree whether sustainable use-of energy ensures economic sustainability ? Explain 10 3 HXS-U-ECON 6.(a) ete Ft oa fom see U sere a afee a qatar Hifi (aitrerm) avafetia tei & faa tt ace 2 2 a Evaluate Kuznets’ inverted U shaped curve hypothesis of distri hold good for less developed countries as well ? Seer eS 15 6(b) FT arra-aot ante of& an aren 2 ? we Sito fe area-doi fmt at 38 arr eT eB | a oe sive cause economic growth ? Explain how human capital ames 6(c) Bre fire fee Ree aifeer alg eed ee A rawr fe AE | aia a de i ofa Hise at fea wa saa fate 2 Explain how Harred’s warranted rate of growth is similar to Domar's required rate of growth. How has Solow improved upon Harrod-Domar’s growth model ? 20 Ta) Saar Select ar sear axa En seeRia-aree 4 afsta-are & fara 4 ast arf, | Discuss the theory of acquired advantage in international trade using suitable examples. I5 7b) wa am & far 8 ot & aige-fitine

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