M.com question papers with answers pdf mumbai university | M.com sem 2 macro economics question paper

 SEMESTER – II MACROECONOMIC  8. Explain the criticisms of HDI. ANS: The Human Development Index has been criticized for failing to include any ecological considerations, focusing exclusively on national performance and ranking (although many national Human Development Reports, looking at sub-national performance, have been published by UNDP and others—so this last claim is untrue), not paying much attention to development from … Read more

Macro economics m.com part 1 question papers with answers idol

 SEMESTER – II MACROECONOMIC     5.   Explain the concept of purchasing power parity income ANS: The purchasing power parity theory of exchange rate determination was put forward by Professor Gustav Cassel of Sweden in the year 1920. There are two versions of the PPP theory known as the absolute and the relative versions. According to the absolute version, … Read more