Answer the following problems.

problem 1) Distinguish Macro Economics from Micro Economics with appropriate ex.

problem 2) Demonstrate the relationship between GNP and NNP. Also, prepare down the difficulties in computing National Income.

problem 3) Analyse “J.B.Say’s Law of Market”.

problem 4) Compare the Classical Theory of Employment with Keynesian Theory of Employment.

problem 5) Describe the concept of Consumption Function. Also, prepare down the factors determining consumption function.

problem 6) describe the working of accelerator with its limitations.

problem 7) prepare down the factors determining investment function.

problem 8) How do IS and LM use to find out the general equilibrium analysis?

problem 9) Describe the objectives of Macro Economic Policy.

problem 10) Describe monetary policy.