Question

What are the most important questions of macroeconomics ? class 12​

Answer 1

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1. Explain the alloction function of a Government Budget.

2. Explain the "lender of the last resort" function of the Central Bank.

3. How do a commercial bank create money ?

4. Write the difference among Revenue deficit Fiscal deficit and Primary deficit.

5. Explain the income method of GDP calculation.

6. What do you mean by Investment ?

7. Write the difference between BOP and BOT.

8. Mention four factors causing disequilibrium in BOP of a country.

9. Explain the concept of Great Depression of 1929.

10. What are the instruments used by the Central Bank to control credit created by Commercial Banks ?