ECONOMICS Current Papers

Aslam O Alakam

All class fellows. there were total 59 question 55 mcq and 4 subjective most MCQs were form demand and supply and elasticity , exchange rate etc. Subjective questions are.


Question No.1


a) differentiate between the discounting and discount rate
b) differentiate between the rent and purchase of the capital.

Question no.2

a) differentiate between the valuation and the devaluation of the currency
b) describe why government take steps to value or devalue the currency.

Question 3

a) define the Philips curve
b) explain the shape of Philip curve with the help of graph

Question no 4


If economy is in equilibrium then state each effect of

a) effect of decrease in demand for labor on the demand curve and effect on the equilibrium in the classical view and suggest the solution.
b) Effect Decrease in demand for labor on the demand curve and on the equilibrium in the Keynesians view and suggest solution.