According to Keynesian analysis, consumption is a function of:
According to Keynesian analysis, consumption is a function of:
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
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Theory of demand examines the behaviour of the——–
Question: Theory of demand examines the behaviour of the——–
A. Consumer B. Producer C. Firm D. Industry Answer» a. Consumer Note: The above multiple-choice question is for all general and Competitive Exams in India. MRTS is the slope of
Question: MRTS is the slope of
A. production function B. priceline C. isocostline D. isoquant Answer» d. isoquant Note: The above multiple-choice question is for all general and Competitive Exams in India. When an individual’s income falls, when everything else remains the same, his demand for inferior goods:
Question: When an individual’s income falls, when everything else remains the same, his demand for inferior goods:
A. Increases B. Decreases C. Remains unchanged D. Cannot say Answer» a. Increases Note: The above multiple-choice question is for all general and Competitive Exams in India. If one perfectly competitive firm increases its level of output, market supply
Question: If one perfectly competitive firm increases its level of output, market supply
A. will increase and market price will fall B. will increase and market price will rise C. and market price will both remain constant D. will decrease and market price will rise Answer» c. and market price will both remain constant Note: The above multiple-choice question is for all general and Competitive Exams in India. If a set has three elements, then its power set consist of —– elements
Question: If a set has three elements, then its power set consist of —– elements
A. 3 B. 5 C. 6 D. 8 Answer» d. 8 Note: The above multiple-choice question is for all general and Competitive Exams in India. The LM curve has a —– slope
Question: The LM curve has a —– slope
A. Positive B. Negative C. Zero D. None of these Answer» a. Positive Note: The above multiple-choice question is for all general and Competitive Exams in India.