How Current account deficit may effect the economic development of the country.

1) Define Trade Deficit. [3] 
2) Explain the reasons for the rise in CAD.[5] 
3) Discuss the role of CAD in the Economic development of the country.[10]

Interactive Inflation Data

1) Define Deflation.[2] 
2) Explain the causes of inflation.[8] 
3) Discuss the relation ship of inflation with other macro economic variables.[12] 
4) Critically evaluate the role of Inflation in the development of the country.[10]

Deficit, national debt and government borrowing - how has it changed since 1946?

1) Define Fiscal Deficit.[3] 
2) What is the importance of balance budget.[6] 
3) Discuss the importance of Deficit budget during the recession. [15]