ECO401 FINALTERM FALL 2010 PAPER

Mcqs= 62
shorts Q of 3 marks = 3
shorts Q of 5 marks = 4


Q1:Define unemployment what is meant by unemployment rate :3 marks

Q2:what is the reason of poverty in developing countries according to prebisch singer hypothesis?:3m

Q3:Differentiate b/w acthual GDP and potential GDP?:3m

Q4:What is meant by balance of payment (BOP)? How BOP is used as an indicator of economic and political stability discuss?: 5m

Q5:if a consumer is facing some budget constraint and having many indifference covers then what will be the optimum point where he can maximize his utility . explain with the help of diagram?:5m

Q6:How crowding out of investment demond occur due to explansion fiscal policy? 5m

Q7: calculate injections at each table

Q7 is just idea table was very big and i have no time to note ok