Macro

Posted by tim on Jun 11, 2012; 10:20pm
URL: http://discussion-forum.276.s1.nabble.com/Macro-tp7577658.html

Cn someone tally answers with me ?

2001
Q.Witg a horizontal LM curve and a downward sloping IS curve , if govt exp increases by Rs.1000 and is financed by an increase in lump sum taxes, with a MPC= 0.8 income increases by
a). 5000
b). 1000
c). 4000
d). 1200

ans - A

1999
Q. wih income on horizontal axis and int rate on the vertical axis, an increase in autonomous saving will
a) shift lm curve to left, raisiing int rates and lowering income
b) shift IS curve to left, lowering int rates and lowering income
c) shift IS curve to right , raising the int rates and raising income
d) shift LM curve to right ,lowering int rates and raising income

ans - C

2006
Q. An incr in ooil prices shifts the phillips curve and ...... the natural rate of unemployment. if the govt wants to keep the economy at the original rat of umemploy, it must have ......inflation.
a) lowers, ever incraesing
b) raises, ever decreasing
c) raises, ever increasing
d) doesnt change, ever increasing

ans - C

Pls confirm d answers...