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BBS Second Year: Macro Economics Unit: 3 Describe Unemployment and Explain different Types, Causes and Solutions of Unemployment.  Ans: Definition of Unemployment: Unemployment is the state of not being able to find employment despite the desire, enthusiasm, vigilance and ability to work. As a global problem. Unemployment brings crime, poverty, inequality. Economic, political and social problems. The solution is job creation. Types of Unemployment 1. Open unemployment It is a condition of wanting to work but not finding employment. This is the situation in all countries. 2. Hidden Unemployment It is seen that there is employment but not enough…

BBS Second Year: Macro Economics Note Answer in Both English and Nepali Medium Describe the Classical Theory of Employment  and Output. Explain its criticisms. Or Describe critical evaluation of Classical Theory of Employment. Answer in English Medium: Adam Smith, J.S Mill, J.B. Say, David Ricardo, Marshall are the proponents of the theory.· It is also called the principle of employment and production.  Based on the recognition of full employment and full competition.  Recognition of unemployment as a short-term problem. Currency should only be considered as a means of exchange. Wages will be determined from the interaction of labour’s demand and…

BBS Second Year: Macro Economics Chapter 3: Classical Theory of  Employment State and Explain J.B. Say’s Law of Market. Explain the implication of his law.                                        Or Supply creates its own demand. Explain this statement. Answer:  The means of production get employment while producing goods and wages are earned from employment. As a result, demand for manufactured goods is also created. It will not create unemployment. This is a classical economic theory. Income from past products and sales of goods is…

BBS Second Year Note Macro Economics: Answer in Nepali and English Medium Explain the Income Method of Calculating National Income: (10) Ans:  The income earned by all the means of production in the country within a period of one year will be added. It calculates wages, salaries, interest, taxes and profits. National income is obtained by adding net income from abroad to the total income of means of production. This method includes the following:    It includes wages, salaries, bonuses, commissions, monetary value of facilities, social security, etc. 2. Rent The income received from land, building etc. is calculated. 3.…

Explain the concept of national income. Differentiate between GDP and Gross National Product (GNP). 10 Answer in English and Nepali Medium Answer: The concepts of national income: A) Gross Domestic Product (GDP: Gross Domestic Product (GDP) is the total market value of all goods and services produced within a year in a country. The formula can be presented as follows. Gross domestic product:=P1Q1+ P2Q2+ P3Q3+…………. PnQn B) Net Domestic Product (NDP) NDP is obtained by deducting the depreciation fromGDP. C) Gross National Product (GNP) This is the result of adding net income from abroad to the gross domestic product (GDP).…

Macro Economics: BBS Second Year Note Answer in Both English and Nepali Medium Explain the Circular flow of income and expenditure in a two sector economy. 10 Answer: Two sector economy is a simple economy which includes household and business sector. Government and foreign trade are not included. It is a fictional economy. Assumptions of two sector closed economy: a) Only household and business sector will be included. b) Income will be spent on consumption. c) The savings will be zero. d) Government and international trade will not be included. e) Household sector controls means of production. The cyclical flow…

How to Write an Effective Email ? What is Email? Email means an electronic mail. It is the most useful way to communicate with  friends, family,customers,etc. It is the fastest way to convey our message. We can write an email in different ways like formal as well as informal. Pro-Tips for an Effective Email Writing: Don’t use Date Write at left side of your page Mention your reasons for writing the email Clearly state your idea Use respectful tone Short Steps for an Effective Email Writing Step 1: Subject at the Beginning Step 2:…

BBS Second Year: Macro Economics For Business Chapter: Two National Income Accounting Answer in English and Nepali Medium What is National Income? Explain the difficulties of calculating the national income. (10) Or Write the difficulties of calculating national income in underdeveloped countries. Answer: The national income is the sum of the income of the means of production within the country and the net income received from abroad in a period of one year. Difficulties in calculating national income 1. Difficulty in calculating non-monetary sector. A large part of the Least Developed Countries are occupied by the barter system, such as…

BBS Second Year Note Types of Macro Economics: Explanation in Nepali: Macro Economics for Business: Types of Macro Economics: Explanation in Nepali: Macro Economics for Business: BBS Second Year Note

Chapter One: Introduction to Macro Economics: Short Note: Macro Economics: BBS Second Year Note Answer in Both Medium: English and Nepali Short and Easy to Understand and Read for the Exam Question: Explain the Concept, Scope, limitations and Importance of Macro Economics. (10) English Medium  Concept of Macro Economics Macro Economics is a branch of economics. Studies economic behaviour. It studies income, currency, price level, unemployment, economic growth rate,etc Importance of Macro Economics 1. It is important to understand the functioning of the economy. It is important to study how the economy works. The function of economy can…

BBS Second Year English: Business Communication. How to write a memo? With a sample memo. What is Memo? Short Message Written by an Organisation or Institutions Purpose is to communicate to the stake holders to give certain message, announcement or notice Written document used for internal communication communicates business policies Purpose of Writing a Memo. To inform staffs about organisation’s policies To inform change in rules and policies To inform about organisation’s goals To announce certain update To inform about task to be completed on a certain time To discuss proposals To inform about meeting schedules How to write an…

Explain Components of Business Communication. Ans: Encoding, decoding, medium and feedback are major components of business Communication. 1. Encoding: We use symbol and gesture to do communication. We shouldn’t give irrelevant facts to avoid miscommunication. 2. Decoding It is linked with the interpretation of the message by the receiver. Sometimes, culture plays a vital role to create barrier in communication. 3. Medium It is a channel to communicate our written or oral message. Written communication is related with reports and memos. Oral communication uses telephone or technology based software like zoom, teams, etc. 4. Feedback It is the response of…

Business communication is a way of sharing the ideas, information and  knowledge. Its main aim is  to achieve organisational goals. These things are exchanged inside and outside the organisation. Members of the organisation share and participate in communication to follow their goals. Without proper and precise communication, an organisation can’t survive longer. This communication is done to do business dealings and fulfil organisation’s purpose. Business communication is also a kind of communication where we share our ideas, message and information to get organisational goals/objectives. Main aim is to contribute the organisation. It helps to increase the name, fame and…

What is Business Communication? Explain its importance and nature. (10) BBS Second Year English Note Ans : Business communication is a way of sharing the ideas, information and  knowledge. Its main aim is  to achieve organisational goals. These things are exchanged inside and outside the organisation. Members of the organisation share and participate in communication to follow their goals. Without proper and precise communication, an organisation can’t survive longer. This communication is done to do business dealings and fulfil organisation’s purpose. Business communication is also a kind of communication where we share our ideas, message and information to get organisational…

BBS Second Year English: Business Communication What is needed for successful Team Work? Discuss it’s components? Without team work an organisation can’t achieve its goals. So, it is an important part for any organisation. Collaboration, coordination, communication and negotiation are needed for successful team work. 1. Open and Active Communication: There should be active listeners for successful team work. Group members should ask questions if they have any doubts. 2. Framework for decisions Group members should know the person to whom they have to report. It helps for timely decision making. 3. Choosing a Team leader Team leader should be…