Eco401 Current Spring 2012 Final Term VU Paper [July 2012] Virtual University of Pakistan
Total questions = 64
Total mcq’s = 56
Short questions of 3 marks;
Define the relationship between monopoly and price elasticity of demand?
Explain concept of accelerator in your own words?
Differentiate actual and potential GDP?
Define money supply curve with VU solutions the help of diagram?
Long questions of 5 marks;
Define Philips curve with the help of diagram.
Balance sheet of UBL bank and calculation of money multiplier.
Price of margarine is increase, what would be the effect of demand
and supply curve on the butter, explain with the help of diagram.
Calculation question in which NNP and GNP was required
Total mcq’s = 56
Short questions of 3 marks;
Define the relationship between monopoly and price elasticity of demand?
Explain concept of accelerator in your own words?
Differentiate actual and potential GDP?
Define money supply curve with VU solutions the help of diagram?
Long questions of 5 marks;
Define Philips curve with the help of diagram.
Balance sheet of UBL bank and calculation of money multiplier.
Price of margarine is increase, what would be the effect of demand
and supply curve on the butter, explain with the help of diagram.
Calculation question in which NNP and GNP was required
