eVUsolutions

Eco401 Current Spring 2012 Final Term VU Paper [July 2012] Virtual University of Pakistan

1. Differentiate between ignorance and irrationality with respect to rational decision making.
2. Differentiate between real GDP and nominal GDP.
3. At what point the equilibrium occurs in the foreign exchange market?
4. By how many ways a government can finance it’s fiscal deficit?
5. Briefly discuss different types of taxes which a government can impose.
6. Why could the world as a whole could not experience a problem of a current account balance of payment deficit?
There were two more five marks questions, one about Injections
calculation and other was about revenues.

Eco401 Current Spring 2012 Final Term VU Paper [July 2012] Virtual University of Pakistan

MCQs = 56 Questions= 8
Q1: Differentiate between Mo, M1 and M2 components of money supply. (3 marks)
Q2:Difference between Real Exchange Rate and Nominal Exchange Rate. ( 3 marks)
Q3:When Real wage unemployment Occur? Discuss. (3 marks)
Q4:What are the sources of borrowing ,By which Govt. can remove the fiscal deficit? (3 marks)
Q5:Differentiate between 2nd degree price discrimination and 3rd degree price discrimination. (5 marks)
Q6:Differentiate between frictional VUsolutions unemployment and structural unemployment. (5 marks)
Q7:Why could world on the whole not have current account deficit? discuss( 5 marks)
Q8: Why there is Always uncertainty in consumer behavior?? Discuss (5 marks)

Eco401 Current Spring 2012 Final Term VU Paper [July 2012] Virtual University of Pakistan

Total MCQs 56
4 Qs havng 3, 3 maks each
4 Qs havng 5,5 maks each…
Q1 . effect expansonary fiscal policy on debt country.
Q2. difference b/w fixed exchange rate & floating exchange rate
Q3. find median & mode
Q4 .Crticism on Hecsher-ohlin theory.
Q5 . define consumption and consumption function
mcqs new & confusing

Eco401 Current Spring 2012 Final Term VU Paper [July 2012] Virtual University of Pakistan

Total 64 questions….
56 mcqs…. just 3 r 4 from old papers……
1. assumptions of exogenous theory? (3)
2. steady trade growth? (3)
3. money demand curve? (3)
4. numerical of mps? (5)
5. cerrent account deficit? (5)
6. question about inferior n normal goods? (3)
7. vertical and horizontal demand curve? (5)
8. mean and median find kerna tha? (5)

Eco402 Current Spring 2012 Final Term VU Paper [July 2012] Virtual University of Pakistan

Total marks = 86
Time = 120mins

Total Questions = 56 MCQ’s + 8 Subjectives( 4 of 3marks and 4 of 5 marks)

MCQ’s were almost all new and very much time taking as the options were in complete sentences.

Prepare the formulas well.

One question was to find the price by applying the rule of thumb formula with elasticity..5marks
what are externalities……VUsolutions snob and bandwagon effect with examples..5marks
One question was from last 2 chapter about factors relation with the cost..5marks
Marginal revenue and cost pay aik question tha..5marks
cartel ka organizations ko kya benefit hota hai..3 marks
aik question mein equation poochi gaye thein..3marks

Eng201 Current Spring 2012 Final Term VU Paper [July 2012] Virtual University of Pakistan

TOTAL 52 QUESTIONS

12 LONG AND 40 MCQ’S…

Q:41: What is narration? 2 marks..

Q:42: What questions should be answered in the introduction of a progress report? 2 marks…
PAGE ..101

Q:43: Letters are used for different types of communication. In the light of this statement name only the statements of the business letters. 3 marks….
PAGE .. 64

Q:44: Define the term enumeration. 3 marks..
PAGE.. 148

Q:45: State at least three suggestions which ensure, courtesy to your message. 3 marks..
PAGE .. 38

Q:46: Explain the term biased language. 3 marks..
Q:47: What are the major component of a letter of recommendation? 3 marks…
PAGE .. 68

Q:48: How can we avoid common mistakes while constructing a paragraph? 3 marks..
PAGE..118

Q:49: Write down the reasons of conveying a bad news about orders. 3 marks…
PAGE .. 74

Q:50: What are writing style problem? 5 marks..
PAGE .. 125

Q:51: What is oral communication? VUsolutions Which point should be kept in mind to improve oral communication. 5 marks..
PAGE .. 6

Q:52: Explain the term paragraph with reference to visual aids. How can we transfer information from it? 5 marks …
PAGE… 118

Fin630 Current Spring 2012 Final Term VU Paper [July 2012] Virtual University of Pakistan

Subjective were as following which i remember:
1. Purpose of Income Statement.?
2. Advantages and Disadvantages of Stop Order?
3. Expected rate of return does not give guarantee of success than why investors calculate expected rate of return?
4. Define the primary objective of investment portfolio?
5. Explain the daily settlement of future market.
6. How Risk can be measure. define the fundamental rule of risk measurement?
7. Describe the rule of Clearing House in Future Market?
8. Many analysts refer convexity as more precise version of duration. Do you agree with this statement?

Tuesday, 17 July 2012