Group A
Brief Answer Questions
Attempt all questions.
1
Write any four features of macroeconomics.
[2 marks]
2
What is effective demand?
[2 marks]
3
What are the components of labour market equilibrium?
[2 marks]
4
What is profit-push inflation?
[2 marks]
5
Write any two implications of Say's Law of Market.
[2 marks]
6
List the economic values that are used to computing rate of inflation.
[2 marks]
7
What are the cost drivers of globalization?
[2 marks]
8
What are the assumptions of psychological law of consumption function?
[2 marks]
9
Point out the core values of economic development?
[2 marks]
10
What are the components of financial inclusion?
[2 marks]