Answer the following questions.
Question 1) Distinguish Macro Economics from Micro Economics with appropriate example.
Question 2) Demonstrate the relationship between GNP and NNP. Also, write down the difficulties in computing National Income.
Question 3) Analyse “J.B.Say’s Law of Market”.
Question 4) Compare the Classical Theory of Employment with Keynesian Theory of Employment.
Question 5) Describe the concept of Consumption Function. Also, write down the factors determining consumption function.
Question 6) Explain the working of accelerator with its limitations.
Question 7) Write down the factors determining investment function.
Question 8) How do IS and LM use to find out the general equilibrium analysis?
Question 9) Describe the objectives of Macro Economic Policy.
Question 10) Describe monetary policy.