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Calcutta University Question Paper

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Name of the Examination : Calcutta University Examination

Paper: Honours(CC-3)

Year : 2021

Full Marks: 65

Subject : Economics(H)

Category : Calcutta University Question Paper

Calcutta University Economics Honours Paper

T(2nd Sm.)-Economics-H/CC-3/CBCS

 

2021

ECONOMICS — HONOURS

Paper : CC-3

Full Marks : 65

The figures in the margin indicate full marks.

Candidates are required to give their answers in their own words

as far as practicable.

Section-A

1. Answer any ten questions:                                                                                2×10

(a) Distinguish between GDP and GNP.

(b) Is investment a stock or a flow variable? — Give reasons.

(c) What components of GDP would each of the following transactions affect and why?

(i) Kavita buys a new house.

(ii) Your parents buy a bottle of French wine.

(d) An increase in interest payment by the government means an increase in aggregate national saving. True or False? Give reasons.

(e) Suppose C = 100 + 0 ·77Y and I = 25; Derive the equilibrium values of Y and C.

(f) Why does an exogenous increase in the autonomous expenditure by a given amount raise equilibrium Y by a larger amount?

(g) What is the basic theme of loanable fund theory?

(h) What is the level of unplanned inventory accumulation at Y = 850 if C = 10 + 0·9Y, I₀= 60?

(i) What is neutrality of money?

(j) Mention two factors that determine velocity of money.

(k) State two shortcomings of the simple classical model.

(l) Explain liquidity trap.

(m) Explain the relation between rate of interest and demand for money as an asset.

(n) What is marginal efficiency of investment?

(o) What is the simple accelerator principle of investment?

Section-B

2. Answer any three questions:

(a) Consider a firm. In 2006, it produced output worth ₹ 40 crore, purchased intermediate inputs of ₹ 20 crore, paid ₹ 20 crore, ₹ 5 crore and ₹ 2 crore respectively in wages and salaries, interest on outstanding loans and repair and maintenance. It did not pay any rent. What are its gross value added and net value added? How are these value added related to the total factor incomes originating from this firm?    3+2

(b) Using the multiplier process explain why BBM is unity.     5

(c) Explain the impact of the following on output, employment and real wage:

• (i) increase in money supply
• (ii) increase in production function. 2¹_⁄2+2¹_⁄2

(d) Explain why the bond market is the mirror image of the money market. 5

(e) What will be the impact of each of the following on the rental price of capital, cost of capital and investment?

• (i) Anti-inflationary monetary policy raises the real interest rate
• (ii) An earthquake destroys part of the capital stock. 2¹_⁄2+2¹_⁄2

Section-C

Answer any three questions.

3.

(a) What is the difference in the national income accounts between

• (i) A firm’s buying an auto for an executive and the firm’s paying the executive additional income to buy the automobile himself?
• (ii) You hiring your spouse (who takes care of the house) rather than having him or her do the work without pay?  3+3

(b) Using national income accounting explain –

• (i) An increase in taxes (while transfers remain constant) must imply a change in net exports, government purchases, or saving investment balance.
• (ii) An increase in disposable personal income must imply an increase in consumption or an increase in saving. 2+2

4. Suppose in a hypothetical economy

C = 50 + 0·8 Y_d , I = 70, G = 200, TR = 100, t = 0·2

(a) Calculate

• (i) Equilibrium level of Y and multiplier
• (ii) Budget surplus.

(b) Suppose t increases to 0·25. What is the new equilibrium income and multiplier?

(c) Calculate the change in budget surplus.

(d) Explain why the multiplier is 1 when t = 1.                                       4+2+2+2

5.

• (a) Describe how a car rental agency would calculate the price at which it will rent cars.
• (b) What are the economic incentives that lie behind the rental firm’s investment decision? 5+5

6. How is equilibrium rate of interest determined in Keynesian theory of liquidity preference? 10

7. Is it possible that inspite of rise in personal savings, there is a reduction in the aggregate savings and national

income? Justify your answer. 10

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Calcutta University Question Paper 2021:

The University of  Calcutta takes the entrance exam for selecting candidates. But now days CU published merit list according to obtain marks in previous exam. If any college takes entrance exam in order to admission then students should practice his/her subjects from previous year question paper as our website uploaded several years of question paper you will find in “page” name “CU” in our website. Therefore, all the students must download the Calcutta University Question Paper in PDF from this website or you can download question paper from official website of CU. Previous year question paper will help you to know the pattern of Calcutta university question paper. It can surely help you that what type of question can come in the admission test of CU or other exam like sem ester examination in CU. Therefore, it is very important for all the students to download.

Download Calcutta University Question Papers Last 10 Years in PDF.

Last 10 years Question Paper will help you to prepare for your upcoming Calcutta university examinations. You can download all subjects question paper for general and honours courses here. All papers coded like GE, CC-I, CC-II all these types of question paper you can download from this website as we upload all papers.

You can also download Old Question Papers of Semester Exams will help you to prepare the important topics which are recurrent in the exams. Therefore, in this content, we are giving full description on Calcutta University Question paper.

Question Papers of Calcutta University

The interested candidates who want to study any course from the university must fill the Calcutta University Application Form 2021.  However, the admission for Graduate (Honours and General), Postgraduate and Ph.D. courses is on the basis on written entrance exam. So, the candidates should  practice well for the entrance examination by solving Calcutta University MA Entrance Exam Question Papers in order to score good marks in the exam. Therefore, in this content, we are giving all important details regarding the Calcutta University Model Papers and general instructions for the candidates. So, it will surely help the students to get good marks in exam as well as in semester exam.

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How to Download Question Papers of Calcutta University 2021?

It is very easy to get question paper of Calcutta university all examination. You can download all courses question paper Calcutta  University BA(General & Hons)/B.Sc (General & Hons)/B.Com (General & Hons)/MA/Msc/M.Com

Entrance Model Papers are available in PDF format. Therefore, the candidates can download the previous year question papers and last 10 years question paper of various courses here or from the official website of the university. However, if you want to get good marks in exam then you should start focus on previous year question paper and start solving each paper of subject by himself/herself. Because these question papers are really beneficial for the students to know the actual pattern of the question paper and the important topics for the examination. Also, the candidates can download the Calcutta University Question Papers from the official website of the university.

 

If you to download Question Paper of Calcutta University from official website of Calcutta University you need to follow these steps given below

How To Download Calcutta University Question Paper :

·        At First you have to visit the official website of Calcutta University and click on the section of  “Students Corner”

·        Then search for the Entrance exam and semester wise question papers you want  along with the subject.

·        After that click on the link , you are able to download the question papers.

·        So, in the next step, you will find the link on the same page to download the question paper official site of Calcutta University.

·        Click on the download link and wait for while and find out the document

·        Finally, the candidates can access the question papers from their documents. Moreover, they should practice those question paper in order to secure a good rank in the examination.

Model test papers or previous year question paper are very important for those students who are currently a part of university. As they get lots of information about the pattern and get full knowledge of question paper pattern. However,  students who are in part of any course in college which is under Calcutta University will get all pattern regarding question paper of CU.

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If you regularly solving the previous year question or model question paper, it will surely enhance your confidence level.

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Therefore , if you follow this steps of study move carefully or gradually it will sure help you to get secure marks in entrance exam as well as semester exams.