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Discuss the Real Business Cycle model. Does the global economic crisis of 2007-09

support this model?


Critically analyze the New Keynesian approach to explain business cycles.


“According to New Keynesians small nominal rigidities have large macroeconomic effects”. Discuss the above statement.


Random sample of size N = 2 are drawn from a finite population consisting of


the numbers 1, 3, 8, 9.


Find the following:


Mean, Variance and Standard deviation of the Population.


Mean, Variance and Standard deviation of the Sample means.

Draw all the possible samples of 2 without replacement from a population consisting of 4, 9, 12, 15, 20. Contruct the sampling distribution of sample mean and verify

23. Find the sensible heat factor of an air-conditioning unit having a sensible heat load of 60 kw and latent heat

load of 20 kw.

A. 70% B. 80% C. 75% D. 85%


22. A coil has an inlet temperature of 50 oF and outlet of 85 oF. If the mean temperature of coil is 100 oF, find

the bypass factor of the coil. (SHOW THE SOLUTION)


A. 0.4 B. 2 C. 1.667 D. 0.3


21. Bypass factor of coil is 0.8 for one row. What is the bypass factor if there are 8 coils in a row? (SHOW THE SOLUTION NOT EXPLAINATION)


A. 0.029 B. 0.70 C. 0.80 D. 0.49


20. An air conditioned theater is to be maintained at 80 oF dry bulb temperature and 50% RH(h = 31.35 Btu/lb). The calculated total sensible heat load in the theater is 500,000 Btu/hr, and the latent heat load is 150,000 Btu/hr. The air mixture at 84 oF db and 72 oF wb temperature(h = 35.82 Btu/lb) is cooled to 63 oF dry bulb and 59 oF wet bulb temperature (h = 25.78 Btu/lb)by chilled water cooling coils and delivered as supply air to the theater. Calculate the tons of refrigeration required.


A. 83 B.130 C.127 D.122


19. An auditorium is supplied with 35 m3/s of air at 14oC db. The total heat load is 320 kw and has a sensible

heat factor of 0.82. Find the temperature inside the auditorium using air at standard pressure.


A.16oC B.18oC C. 20oC D. 24 oC


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