1、 14. Real and nominal income is calculated respectively at .

2、 11. The excess of overall expenditure over the sum of revenue receipts, and recoveries of loans is called ;; .

3、 10. When overall expenditure of the government is greater than the overall receipts, it is called

4、 9. When revenue expenditure of the government is greater than the revenue receipts, it is called

5、 8. A budget in which the receipts of the government are matched by is expenditure is known as ; ; .

6、 7. A budget in which the receipts of the government fall short of its expenditure is known as

7、 6. A budget in which the receipts of the government exceed its expenditure is called- ; ;.

8、 5. A statement relating to the capital receipts and capital expenditure of the government is known as

9、 4. A statement relating to the revenue expenditure and revenue receipts of the government is known as

10、 3. Those inflows of money to the government against which a liability of repayment devolves upon the government, is known as

11、 2. Those inflows of money to the government account against which no liability of repayment is created, is called

12、 1. An annual statement of the revenue and expenditure by the government is known as- ,, ; .

13、 17. GNPMP is equal to

14、 16. Sum of all kinds of income received by the individuals from all sources is called-

15、 12, When interest payment is deducted from fiscal deficit, it is called ;.

16、 13.That part of personal income which is actually available to households for consumption and saving is called .

17、 12. Net National Product at Factor Cost (NNPFc) is also known as

18、 11. The difference between indirect tax and subsidy is known as

19、 10. The difference between the income received from abroad for rendering factor services by the normal residents of the country to the rest of the world and income paid for the factor services rendered by nonresidents in the domestic territory of a country is known as

20、 9. The money value of all final goods and services produced in the domestic territory of a country during a year plus Net factor income from abroad is called

21、 8. The market value of all final goods and services produced within domestic territory of the country during a year is known as

22、 7. The study of groups and broad aggregates of the economy is known as

23、 6. What are the tools of macroeconomics?

24、 5. Which of the following is/are the goals of macroeconomics

25、 4. In macroeconomics, we study about

26、 3. The term 'macro’has been derived from

27、 2. The term microeconomics and macroeconomics were first given by

28、 1. Who is considered as father of modern macroeconomics?

29、（填空题） If the receipts of the government are 〈 〉 its expenditure :Deficit budget

30、（判断题） 11、 Indirect instruments of monetary policy - control over the interest rate ; - control over the lower level of interest rates on deposits; - the upper level of interest rates on loans; - interbank preferential rates ;- ceilings for interbank loans; - liquidity ratios; - targeted loans

31、（判断题） 10、 Required reserve ratio the level of monetary reserves established by the National Bank, which commercial banks must maintain in special accounts with the National Bank.

32、（判断题） 9 、Basic elements of the money system: a monetary item; a scale of prices; the emission system forms of money; institutes of the money system; a currency parity

33、（判断题） 8、 The National Bank performs the following functions: - Accepting deposits - Giving loans - Overdraft - Discounting of Bills of Exchange - Investment of Funds - Agency Functions - Miscellaneous Functions

34、（判断题） 7、 The Commercial Bank performs the following functions: a) pursuing a unified state monetary policy; b) regulation of money circulation; c) currency regulation; d) performing the functions of a central depository; e) organization and implementation of currency control

35、（判断题） 6 、Classification of money: metallic money, paper money, credit money

36、（判断题） 5、 Liquidity - function of money: Money can easily converted into any gold and assets such as land, machinery and equipment, stocks and shares, wheat, rice, books etc.

37、（判断题） 4、 Standard of Deferred Payments (Future Payments) - function of money: Future payments cannot made in terms of physical goods because the value of goods liable to change._

38、（判断题） 3、 Medium of Exchange - function of money: Any commodity can purchase and sold through medium of exchange.

39、（判断题） 2、 Medium of Exchange - function of money: Money serves as common measure of value of a standard of value. Value of all goods and services expressed in terms of money

40、（判断题） 1、 Money is anything which performs four main functions medium of exchange, measure of value, standard of deferred payments, store of value.

41、（填空题） 1、When overall expenditure of the government is greater than the overall receipts.: 2、When interest payment is deducted from fiscal deficit，:A\ Primary deficit: B\Budgetary deficit

42、（填空题） 1、The excess of overall expenditure over the sum of revenue receipts, and recoveries of loans： 2、When revenue expenditure of the government is greater than the revenue receipts: B\Revenue Deficit: A\Fiscal deficit

43、（判断题） 12、 Investment multiplier is a coefficient that shows how many times an increase in cash or reserves of the banking system by one unit will lead to an increase in the amount of money in the economy _

44、（填空题） If the receipts of the government are 〈 〉 its expenditure : Balanced budget

45、（填空题） If the receipts of the government are 〈 〉 its expenditure :Surplus budget

46、（填空题） : : 1. Capital : 2. Labour,3. Enterprises,4. Land : Profit（d）, Rent （a）,Wages or Salaries （b), Interest （c）,

47、（填空题） The LM curve shifts to the （ ） if: there is an decrease in the money demand function

48、（填空题） The LM curve shifts to the ( ) if: there is an increase in the money demand function

49、（填空题） The LM curve shifts to the( ) : when the stock of money supply is reduced.

50、（填空题） The LM curve shifts to the ( ): when the stock of money is increased.

51、（填空题） （ ）=C+I+G + (X- M)

52、（填空题） （ ）= C+S

53、（填空题） When AD （ ）AS: Equilibrium level of income and employment

54、（填空题） When AD （ ）AS: Decrease in employment and output

55、（填空题） When AD ( ) AS : Increase in employment and output