[This question paper contains 4 printed pages.| Sr.No. of Question Paper: 751 c ROI NoOseessssesee Unique Paper Code 227472 Name of the Course B.A. (Prog Name of the Paper Principles of Macroeconomics ~ II Semesier Vv Duration 3 Hours Maximum Marks: 75 uctions for C: 1. Write your Roll No, on the top immediately on receipt of this question paper. Attempt any five questions, 3. All. questions earry equal marks. 4, Answers may be written either in English or in Hindi: but the same medium should be used throughout the paper. pri & fag fags 1 wera & Red @ ae Re ay Palit eR aon agente farfer 2 feré dte ost Fo ger ARAL 3 wah wet ah ote aT a 4 BAW Ta aT Te tH ar FR Fa ae TOT a fee, Ahr MA Sere aa TET we A ea alee PTO.2 Discuss the impact of an increase in the interest rate through the links beween the goods market and the money market (is) sa aa wan ar aa @ ate eet Storm see HF gfe A wT Te afi Mlustrate cach of the following situations with IS-1.M curves. (a) An increase in Government expenditure with money supply held constant (b) An inerease in Government expenditure with changes in money supply enough to keep the interest rate constant (747%) Preafafter 4 ueter feaft at S-LM ae Fara zaisy (am) wart eed Y gfe ae ger Ree wa a A () wend el F gfe war ger oe acer aA we, SH an a A aa aaE TAT @ fay vate al What are the reasons for the continued existence of unemployment in an economy (is) feat orteeren Yo coray Steet aaret wet a eT aT HF? (a) Describe the reasons responsible for a downward sloping aggregate demand curve ? (b) What are the factors responsible for shifts in the aggregate demand curve? (TAT)751 3 (wm) Aa a ott carr aa waa ate aw @ fae fete Het ah fT aire 1 (ee) rafter aa 3 RRrerera fare feter area a seks aT The Phillips curve is an indicator of a short run relationship between the unemployment rate and inflation. “Do you agree ?*. Explain. (sy “Rpera ae Rorne ec cer ea A Ate oer graf A ea eT Ge A” - eT aT gaa araa #2 omen antag | Define balance of payments of a county ? What are the items that have to be considered while calculating a country's (a) Current account (b) Capital account (487%) fed Sa ymere weet FT afer aang 1 feed dn an Ret Gran ornare wae fir figs @ omer A eee seam ® (*) Waa (3) it eran Discuss the impact of monetary and fiscal policy in an economy with flexible exchange rates. (5) adie afte ex @ ara sigan cer Toretata shea a feat oper we TET aa wT car athe aifire 1 PTO.781 Write short notes on any two fared Aa afer feo fafere (a) Demand pull & cost push inflation Oita ary wen aT aa ea (b) Crowding out effect area) WaT (c) Unemployment rate atone (487%) (800)