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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