Macroeconomics UE Past Papers Questions.

One of the primary objectives of the Bank of Your country is to achieve price stability. Explain why such a bank put so much importance in controlling inflation and suggest ways of curing/ controlling it.

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UNSOLVED

Use the real business cycle theory to explain and illustrate graphically how an adverse shock is likely to influence the price level and output in a given economy.

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UNSOLVED

Describe briefly the main difference between Nominal and real GDP.

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UNSOLVED

Explain how you can compute real GDP from nominal GDP.

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UNSOLVED

Describe briefly the three approaches for measuring  GDP.

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UNSOLVED