SEMESTER – II MACROECONOMIC 10. EQUILIBRIUM LEVEL OF EMPLOYMENT OR Equilibrium Level of Employment and Real National Income. Increase in the level of Employment& Real National Income. Limitations of the Keynesian Theory of Employment ANS: The equilibrium level of employment and real national income is determined at the point of equality between the aggregate … Read more
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
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
IDOL Mumbai University important questions bank M.com Part 1 (sem. 2) RESEARCH METHODOLOGY FOR BUSINESS Q.9. What are the factors determine sample size? ANS: 1) Area of Research: The number of sample respondents depends on the area of research. If the research is conducted at national level, it may require more number of … Read more
IDOL Mumbai University important questions bank M.com Part 1 (sem. 2) RESEARCH METHODOLOGY FOR BUSINESS Q.7. Highlight the importance of hypothesis in research. ANS: 1) Helps to explore unknown facts: The hypothesis provides the researcher with the most efficient instrument for exploring and explaining the unknown facts. It stimulates the researcher for further … Read more