ECONOMICS II ASA Interview
1. Explain why the monopoly martket experience the diwnward sloping Marginal curve.
2.Explain different assumptions that are considered for explaining circular flow of income in two sector model simple economy.
3. Given Y= C+I+G+X-M
Where C=150+0.75y, I=30+0.05y, G=50, X=20 and M =0.2y
Calculate
a) National income level.
b)Investment Multiplier.
C)National income level when investment increased by 20 units.
4. Explain the concept of diminishing marginal utility of money.
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