» Micro Economics 1 solved MCQs

Adam Smith, the father of modern economic theory, defined economics as a subject, which is mainly concerned with the study of nature and causes of generation of ______

Byadmin April 28, 2021

Question:

Adam Smith, the father of modern economic theory, defined economics as a subject, which is mainly concerned with the study of nature and causes of generation of ______

Wealth

Welfare

Hipness

Scarcity

Answer» a. Wealth

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

» Quantitative Methods for Economic Analysis 1 solved MCQs

A moving average of a time series is the value around which a series moves over time.

Question:

A moving average of a time series is the value around which a series moves over time.

A.
true
B.
false
C.
either of the above
D.
none of the above
Answer» b. false

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More A moving average of a time series is the value around which a series moves over time.
» Micro Economics 1 solved MCQs

Price effect is

Question:

Price effect is

A.
income effect – substitution effect
B.
substitution effect – income effect
C.
income effect + substitution effect
D.
income effect + substitution effect- negative effects
Answer» c. income effect + substitution effect

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More Price effect is
» Mathematical Tools for Economics 1 solved MCQs

If x + 2 is a factor of x3 – 2ax2 + 16, then value of a is

Question:

If x + 2 is a factor of x3 – 2ax2 + 16, then value of a is

A.
3
B.
1
C.
4
D.
2
Answer» b. 1

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More If x + 2 is a factor of x3 – 2ax2 + 16, then value of a is
» Micro Economics 1 solved MCQs

Which one of the following is an example of close substitute:

Question:

Which one of the following is an example of close substitute:

A.
Tea and Coffee
B.
Milk and water
C.
Bread and Butter
D.
Pen and pencil
Answer» a. Tea and Coffee

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More Which one of the following is an example of close substitute:
» Mathematical Tools for Economics 1 solved MCQs

The set B of odd positive integers less than 10 can be expressed by _____________

Question:

The set B of odd positive integers less than 10 can be expressed by _____________

A.
{1, 2, 3}
B.
{1, 3, 5, 7, 9}
C.
{1, 2, 5, 9}
D.
{1, 5, 7, 9, 11}
Answer» b. {1, 3, 5, 7, 9}

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More The set B of odd positive integers less than 10 can be expressed by _____________
» Macro Economics 1 solved MCQs

MEC is directly related to

Question:

MEC is directly related to

A.
prospective yield
B.
supply price
C.
rate of interest
D.
all of the above
Answer» a. prospective yield

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More MEC is directly related to

Adam Smith, the father of modern economic theory, defined economics as a subject, which is mainly concerned with the study of nature and causes of generation of ______

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A moving average of a time series is the value around which a series moves over time.

Price effect is

If x + 2 is a factor of x3 – 2ax2 + 16, then value of a is

Which one of the following is an example of close substitute:

The set B of odd positive integers less than 10 can be expressed by _____________

MEC is directly related to