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Thursday, February 21, 2013

Re: ::: vuaskari.com ::: ECO401

Thanks Mirza Nadee.
 
How about MCqs? Were they from past papers ???

On Thu, Feb 21, 2013 at 11:50 AM, Mirza Nadeem <nadeemjeel@gmail.com> wrote:
slam  to all
please find some details for today paper of EO401
 
1)   Differance between appreciation and depreciation of Currency?   5
2)   Explane DISCOUNTING , DISCOUNTING RATE, RENT  AND PRICE OF CAPITAL?  5
3)    DIFFERANCE BETWEEN  INTERNATIONAL FINANCE AND INTERNATIONAL TRADE? 5
4)  TYPE OF TAXES WHICH GOVERNAMENT CAN IMPOSE   3
5)    WHY GROWTH IS IMPORTANT IN MACRO ECONOMY/  3
6)  
Serial No. Rewards Amount (billion rupees)
1 Wages and salaries 150.52
2 Interest on bonds and loans 50.63
3 Rent of properties 100.12
4 Profit 125.84
5 Corporate profit tax 50.26
6 Undistributed corporate profit 30.32
7 Contributions for social security 20.2
The above table shows the income earned by different factors of production. Find out the national income from this information.

Note: Step wise calculation is required.

7)

Total Product of labor   Labor Capital
0   0 250
50   10 250
70.7   20 250
86.6   30 250
100   40 250
111.8   50 250

CALCULATE MARGINAL PHYSICAL OOTPUT,

8) 

Total money value (billion rupees) Unit values / prices Total output Goods and services Serial #
130 Rs. 1 billion / tons 130 Tons Wheat 1
170 Rs. 1 billion / tons 170 Tons Rice  2
50 Rs. 1 billion / tons 50 Tons Coal 3
60 Rs. 1 billion / tons 60 Tons Iron 4
20 Rs. 1 thousand / unit 20 Thousand Radio 5
80 Rs. 5 thousand / unit 16 Thousand TV set 6
25 Rs. 1 billion / doctor per annum 25 Thousand 7
15 Rs. 1 lac / engineer per annum 150 Thousand Engineers 8
  CALCULATE THE GNP AND GNI
 
 
GOOD LUCK TO ALL

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