Macro Economics_B105 – Solved Assignment – B.COM 2nd Year Annual Mode

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B.Com. II Year Annual Mode – July 2021

School of Open Learning (SOL), Delhi University

Assignment Based Evaluation (ABE)

Macro Economics

Code : B-105

M.M. : 100

Attempt any two questions in all.

All questions carry equal marks.

(Write your Name and Roll No. on each page of your answer sheet.)

Question.1. Write Short note on

(a) Balance of Payments

Question.1. Write Short note on

(b) Actual and Potential GDP

Question.1. Write Short note on

(c) Liquidity Trap

Question.1. Write Short note on

(d) Fixed exchange rate system

Question 2. (a) Distinguish between devaluation and depreciation. How does devaluation help in correcting adverse balance of payments?

Question 2. (b) How does foreign GDP and relative international prices affect the net export function?

Question 3. (a) Explain the purchasing power parity theory?

Question 3. (b) What is money? Explain its functions?

Question 4. (a) Distinguish between real GDP and nominal GDP.

Question 4. (b) What is multiplier? Discuss the relationship between investment multiplier and marginal propensity to consume using examples?

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