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Eet 1010: Macroeconomic Theory I Question Paper

Eet 1010: Macroeconomic Theory I 

Course:Bachelor Of Arts In Economics

Institution: Kenyatta University question papers

Exam Year:2009



KENYATTA UNIVERSITY
UNIVERSITY EXAMINATIONS 2009/2010
FIRST SEMESTER EXAMINATION FOR THE DEGREE OF BACHELOR OF
ARTS

EET 101: MACROECONOMIC THEORY 1


DATE: Thursday, 26th November, 2009

TIME: 2.00 p.m. – 4.00 p.m.
------------------------------------------------------------------------------------------------------------
INSTRUCTIONS:
Answer question ONE and any other TWO questions.
QUESTION ONE (COMPULSORY)
a)
With an aid of diagram where necessary explain the following terms as used in

economics.

Marginal efficiency of capital (3 marks)






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