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Practice Inflation, Expectations and Business Cycles - Macroeconomics - Economics previous year questions organised from real papers, with year-wise coverage and clear topic navigation.
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| Paper | Year / session | Questions in this view | Open |
|---|---|---|---|
| Humanities & Social Sciences - Economics (XH-C1) 2026 | 2026 | 1 | View paper |
| Humanities & Social Sciences-Economics (XH-C1) 2025 | 2025 | 2 | View paper |
| Humanities & Social Sciences-Economics (XH-C1) 2024 | 2024 | 3 | View paper |
| Humanities & Social Sciences-Economics (XH-C1) 2023 | 2023 | 3 | View paper |
| Humanities & Social Sciences-Economics (XH-C1) 2022 | 2022 | 2 | View paper |
| Humanities & Social Sciences-Economics (XH-C1) 2021 | 2021 | 2 | View paper |
Practice every matching question in batches of 20, with every available option.
Which of the following models appropriately explains the fluctuations in potential output and long-run aggregate supply by understanding the shocks to productivity or the willingness of the worker?
Which of the following models explain(s) the upward-sloping aggregate supply curve in the short-run?
Which one of the following measures in the Keynesian framework is adopted to tame inflation in an economy?
If the difference between actual GDP and the trend output varies inversely with the difference between actual unemployment rate and the natural rate of unemployment, then such a relationship is called the
In the sticky-price model of aggregate supply, if none of the firms in the market have flexible prices, then the short-run aggregate supply curve will be
Match Column I with Column II.
| Column I | Column II |
|---|---|
| P. Phillips Curve | 1. Describes the relationship between devaluation and trade deficit |
| Q. Kuznets Curve | 2. Describes the relationship between tax revenue and tax rate |
| R. Laffer Curve | 3. Describes the relationship between rate of unemployment and inflation |
| S. J-Curve | 4. Describes the relationship between degree of income inequality and level of per-capita income |
Consider the following statements:
Statement 1: The new classical policy ineffectiveness proposition asserts that, systematic monetary policy and fiscal policy actions that change aggregate demand will not affect output and employment even in short run.
Statement 2: According to Real Business Cycle (RBC) model, the aggregate economic variables are the outcomes of the decisions made by many individual agents acting to maximize their utility subject to production possibilities and resource constraints.
Which one of the following options is CORRECT?