Total No of Questions: [02] SEAT NO.

[Total No. of Pages : 01 ]

The Poona Diocesan Education Society's
VIDYA BHAVAN COLLEGE OF COMMERCE, PUNE 
S.Y.B.COM [SEM-IV] Mid- Semester, Examination- MAY,2023
Business Economics-II (MACRO)
Date: 11/05/2023 Timing:9.30 a.m. to 10.30 a.m.
Max. Marks: 20 Time: 1 hours
Instructions to students:
1) All questions are compulsory.
2) Figures to the right indicate full marks.
3) Mobiles not allowed in exam halls

Q1) Critically examine the Cash Balance Approach of Value of [10]

Money.
OR
Q1) Define Inflation? Explain the consequences of inflation. [10]

Q2) Short notes. (Any two) [10]

a. Demand Pull Inflation

b. Functions of Money
c. Stagflation
d. Solve:
a. Given that = IF T is 10,000 units ; V is 10 and P is 20 rs
per unit, Consider if V is changed to 5 and 20 , analyses the
relationship between price level and value of money , using
Fishers transaction Approach.