WBUT 2013 BBA (SEM-2) ECONOMICS-II QUESTION PAPER

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CS/BBA(H)BIRM/BSCM/SEM-2/BBA-204/2013

2013

ECONOMICS-II

Time Allotted : 3 Hours                     Full Marks : 70

The figures in the margin indicate full marks.

Candidates are required to give their answers in their own words

as far as practicable.

GROUP – A

( Multiple Choice Type Questions )

1. Choose the correct alternatives for the following :

10x1 = 10

i) If central bank increases the repo rate, then

a) inflation can be controlled

b) inflation cannot be controlled

c) inflation will remain unchanged

d) none of these.

ii) Devaluation makes exports ............. in foreign

markets and imports ..................... in domestic

market.

a) cheaper, dearer b) cheaper, cheaper

c) dearer, dearer d) dearer, cheaper.

iii) With a regressive tax, as income

a) increases, tax rate remains the same

b) decreases, tax rate decreases

c) increases, tax rate increases

d) increases, tax rate decreases.

iv) Suppose that a Japanese automaker produces trucks in

the United States using all Japanese components and

labour. The trucks produced are included in

a) neither U.S. GNP nor U.S. GDP

b) U.S. GDP but not U.S. GNP

c) both U.S. GNP and U.S. GDP

d) U.S. GNP but not U.S. GDP.

v) If marginal propensity to consume ( mpc ) of a

consumer is 0.8, what is the marginal propensity to

save ( mps ) ?

a) 0.3 b) 0.2

c) 0.6 d) cannot be determined.

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