Q1. Describe the difference between conditional convergence and un-conditional convergence.
Q2. Deduce and elucidate the condition for steady state equilibrium in the Solow Model.
Q3. Describe the shape and nature of the Aggregate supply and Aggregate Demand curves in the short run and long run.
Q4. Describe the process of adjustment and movement from short run equilibrium to a long run equilibrium.
Q5. In Countable Funds theory of interest rates:
a) Describe the impact of a raise in government expenses on real interest rate and the quantity of funds.
b) Describe the impact of a fall in the savings.